The Banque de France is expected to revise its GDP growth forecasts upward for both 2025 and 2026, following signs of sustained economic strength despite ongoing political instability, according to Governor Francois Villeroy de Galhau. Speaking to TFI on Wednesday after the release of a positive monthly economic activity report, Villeroy de Galhau indicated that the current projections—0.7% growth for 2025 and 0.9% for 2026—are now seen as baseline estimates rather than final figures. The latest data suggests the economy may have expanded slightly in the final quarter of the year, defying earlier expectations of stagnation. This resilience highlights the capacity of French economic sectors to adapt under pressure, reinforcing confidence in near-term performance. n
— news from Bloomberg.com
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Bank of France Set to Raise GDP Forecasts on Economic Resilience
France ’s central bank is likely to raise growth forecasts for this year and next as the economy continues to show resilience to political turmoil, Governor Francois Villeroy de Galhau said. n nThe Bank of France ’s current predictions for expansion of 0.7% in 2025 and 0.9% in 2026 are now minimums, he told TFI on Wednesday after an upbeat monthly report on activity released the previous day. The survey had indicated that the economy is proving so robust that it may end up growing “slightly” in the final three months of the year.