Inflation picks up in France as recession risks mount
From the original
https://think.ing.com/articles/inflation-picks-up-in-france-as-recession-risks-mount/
FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 30 institutional desks. No promotion.
Live cross-firm bank consensus across 30 desks — FX, oil & gold
View bank forecastsFrom the original
https://think.ing.com/articles/inflation-picks-up-in-france-as-recession-risks-mount/
The desk asserts that French GDP is at risk of contraction, aligning this concern with broader economic trends in the Eurozone. Per the full note from ING Economics, recent indicators suggest a potential slowdown in France's economic activity, echoing fears that the country may face technical recession if growth falters in the upcoming quarters. This highlights the impact of sluggish global demand and tightening monetary policy affecting consumer and business sentiment across major European economies.