Business · Economy · 5 hrs ago
Bank of France expects 0.1% growth in France in third quarter
The Bank of France expects France’s economy to grow by 0.1% in the third quarter of 2026.
Its monthly survey found that activity increased in industry and picked up in market services in September, while construction changed little.
The pattern varied across sectors, and the bank said the economic environment was fragile.
It pointed to higher oil prices late in the summer and increased uncertainty.
The bank had lowered its third-quarter growth forecast from 0.2% to 0.1% in September.
France’s economy contracted by 0.2% in the first quarter and was unchanged in the second.
The bank also cut its forecast for growth in 2026 to 0.4%, from 0.5%.
The Bank of France expects France’s gross domestic product to grow by 0.1% in the third quarter.
It confirmed the forecast on Monday, 12 October, after its monthly business survey.
The survey found activity continued to rise in industry and accelerated in market services in September.
Activity changed little in construction.
The Bank cited differences between sectors, rising oil prices at the end of summer and increased uncertainty.
- Who
- The Bank of France.
- What
- It expects France’s GDP to grow by 0.1% in the third quarter.
- When
- The forecast was confirmed on 12 October 2026.
- Where
- France.
- Why
- The Bank’s survey found mixed activity across sectors, amid rising oil prices and increased uncertainty.
This story does not have two clearly opposing sides.
The Bank of France forecast third-quarter growth of 0.1%, revising down its previous 0.2% estimate.
The Bank of France confirmed its 0.1% third-quarter growth forecast.
- Third-quarter GDP forecast
- 0.1% growth
- September industry activity
- Continued to rise
- September market services activity
- Accelerated
- September construction activity
- Changed little
- Full-year 2026 GDP forecast
- 0.4%, down from 0.5%
What people are saying
situations (…) remain differentiated between sectors and in a fragile environment, notably with the rise in oil prices at the end of the summer, and the rise in uncertainty
Sources
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