- The French national statistics agency INSEE has revised its quarterly GDP growth forecasts for the first and second quarters of 2026 down to 0.2 percent from the previous 0.3 percent estimate
- Harmonized inflation is expected to accelerate significantly from 1.1 percent in February to 2.2 percent by June 2026 reflecting a shift in price dynamics
- The European Central Bank recently warned that a Middle East crisis could drive euro area energy inflation higher contributing to these upward revisions in consumer price indices
- Analysts note that the slowdown in growth combined with rising HICP suggests a more challenging economic environment for France in the first half of the year
- New methodological changes to the HICP calculation took effect in early 2026 aligning French data with updated European classification standards
French statistics agency INSEE lowers 2026 growth forecasts amid rising inflation projections
Mar 24, 2026, 4:06:16 PM UTC(4 hours ago)
Impact: MediumAffected Assets
Sources
From:@DeItaone
FRENCH STATS AGENCY TRIMS Q1, Q2 QUARTERLY GROWTH FORECASTS TO 0.2% FROM 0.3% PREVIOUSLY
FRENCH STATS AGENCY SEES HICP INFLATION RISING FROM 1.1% IN FEBRUARY TO 2.2% BY JUNE
