Business · Economy · 2 hrs ago
Bank of France expects modest growth in fourth quarter
The Bank of France expects modest growth in France in the fourth quarter, but gave no figure.
It says uncertainty remains high, partly because businesses cannot see clearly how social protests and unrest will affect activity.
The bank has revised its estimate for the third quarter from 0.1% growth to a 0.1% contraction.
Its survey of 8,500 business leaders found activity rose in industry and market services in October, while construction changed little.
Higher fuel prices and political and budget debates are also making businesses and their customers more cautious, leading some to delay projects.
The bank expects November activity to strengthen in aerospace and some equipment industries, but weaken in car repairs and accommodation, where social movements have prompted some booking cancellations.
France's fourth-quarter outlook therefore depends on how these uncertainties affect spending and business activity.
The Bank of France expects French economic growth to return at a modest pace in the fourth quarter.
It did not provide a figure for fourth-quarter growth and said the outlook was highly uncertain.
The bank lowered its third-quarter estimate to a 0.1% contraction, from a previous estimate of 0.1% growth.
Businesses cited fuel prices, political and budget concerns, and social mobilizations as sources of uncertainty.
The bank’s survey found activity rose in October in industry and market services, while construction activity changed little.
- Who
- The Bank of France.
- What
- It expects modest French economic growth in the fourth quarter, while warning of uncertainty.
- When
- The forecast was reported on November 9, 2026; the fourth quarter is not given a year in the articles.
- Where
- France.
- Why
- The bank cited uncertainty linked to social mobilizations, fuel prices, and political and budget debates.
This story does not have two clearly opposing sides.
The Bank of France surveyed 8,500 business leaders about economic conditions.
The Bank of France said it expected modest growth in the fourth quarter.
The bank revised its third-quarter GDP estimate to a 0.1% contraction, from a previous estimate of 0.1% growth.
- Fourth-quarter outlook
- Modest growth; no figure specified
- Third-quarter GDP estimate
- 0.1% contraction, revised from 0.1% growth
- Business survey
- 8,500 business leaders
- Survey dates
- October 28–November 4
- October activity
- Increased in industry and market services; changed little in construction
5 sources
La France échappe à la récession en cette fin d’année
Franse centrale bank: zeer veel onzekerheid over economie door onrust
Bank of France Warns of Uncertainty as Modest Growth Returns
What people are saying
attentisme accru de l'ensemble de leurs clients, les ménages, les autres entreprises et les donneurs d'ordre public
reports de projets
visibilité réduite