mai 12, 2025
Home » Eric Lombard still lowers France’s growth forecast to 0.7 % for 2025 – Liberation

Eric Lombard still lowers France’s growth forecast to 0.7 % for 2025 – Liberation

Eric Lombard still lowers France’s growth forecast to 0.7 % for 2025 – Liberation

In « A context of uncertainty », The Minister of Economy maintains a downward growth forecast. Invited to the TF1 television news, Eric Lombardannounced this Wednesday, April 9, the drop in government forecast for French growth in 2025. The increase in GDP should be 0.7 % this year instead of the 0.9 % previously awaited by the executive and registered in the finance law. The forecast was announced shortly after the launch of a « break » On customs surcharge by Donald Trump, who nevertheless maintains a universal floor rate of 10% customs duties (except China, overwhelmed by a surcharge of 125%).

The painting a little less dark than the forecast made by François Bayrou on Saturday in THE Parisian. The Prime Minister had estimated that « Trump’s policy (could) cost us more than 0.5 % GDP ». The figure is also slightly more optimistic than that of the French Observatory of Economic Conditions (OFCE), or a downward revision of its forecast dating from the fall of 2024 of 0.3 percentage points. The Banque de France also table on growth of 0.7 %, Instead of 0.9 % estimated in December. The Bayrou government had already lowered its growth forecast in January, during the budget review in Parliament, from 1.1 % to 0.9 %.

The Minister of Economy had received economic players in Bercy in the afternoon in order to « Dialogue » With them before the response provided by the European Union to American customs duties and the decline in French growth forecast. The EU has indeed adopted its first measures this Wednesday In retaliation for the 25 % customs duties enacted by Donald Trump on steel, aluminum, and their derivative products, as well as on the automobile and spare parts. The European Commission has chosen to tax a series of American products in return, such as motorcycles, soybeans, or poultry, a response which was to enter into force on April 15. The EU had planned to adopt a second bundy of countermeasures at the start of next week to respond to the 20 % declared by the American president on April 2 on all other products.



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