The ongoing political instability in France has reignited fears of an economic downturn, according to the chief executive of Carrefour. As government deadlock persists following recent legislative turmoil, business leaders are growing increasingly cautious about consumer spending and investment outlooks. The supermarket giant’s CEO highlighted that prolonged uncertainty could dampen household confidence, potentially leading to reduced consumption across key sectors. With inflation still affecting purchasing power and public debt levels remaining high, the risk of a contraction in economic activity is being closely monitored by corporate strategists and financial analysts alike.
— news from Reuters
— News Original —
reuters.com
French political crisis brings back recession risk, Carrefour CEO says Reuters