- French save a lot because they worry about public deficit
- Uncertainties – both domestic and international – have a 0.5% impact on GDP
This was a good narrative after the Olympics last year but not so much one year later today. The French economy is on a downtrend, as evident by the latest PMI figures here, though at least employment conditions are still holding up.
This article was written by Justin Low at investinglive.com.
