Bank of France Cuts 2026 Growth Forecast as Weak Q1 and Middle East Tensions Weigh
Updated
Updated · Bloomberg · Jun 1
Bank of France Cuts 2026 Growth Forecast as Weak Q1 and Middle East Tensions Weigh
1 articles · Updated · Bloomberg · Jun 1
Later this month, the Bank of France will lower its 2026 growth forecast after what Governor Francois Villeroy de Galhau called a bad first-quarter surprise.
March projections will be revised down because early-2026 activity disappointed and prolonged Middle East tensions have added fresh uncertainty to the outlook.
Several scenarios will be published alongside the new forecast, reflecting unusually high uncertainty, though the central bank still expects growth to remain positive in most cases.
As France slashes spending amid rising inflation, what support remains for citizens and businesses facing the crisis?
With the Hormuz crisis hitting everything from food to EVs, is a global recession now unavoidable?
Could this energy crisis paradoxically accelerate Europe's lagging green transition and AI adoption for future resilience?