The Unemployment Rate should Stabilise at 8.9% by mid-2018, according to INSEE

The unemployment rate should stabilise, according to forecasts published Tuesday by INSEE, which sees the indicator remain at 8.9% of the workforce in France After the sharp drop at the end of 2017, the unemployment rate should stabilize , according to forecasts published Tuesday by INSEE, which sees the indicator remain at 8.9% of the workforce in France (excluding …

Growth Reached 0.5% in the Third Quarter, according to Insee

ESTIMATE: This figure is in line with the forecast published in early October by the National Statistics Institute … Economic growth reached 0.5% in France in the third quarter, thanks to an acceleration in household consumption and a further increase in investment, according to preliminary estimates released Tuesday by INSEE . Le PIB augmente de 0,5 % …

The German Economy Slows but is still Better than France

The German economy has fared better than expected in the second quarter, rising exports and strong government spending and private consumption offset weakness in investment in construction and industry. The gross domestic product (GDP) rose 0.4% over the period April to June after growing 0.7% in premiertrimestre, according to preliminary estimates released Friday by the …

France Growth Forecast: Down 0.2% in Q2

The Bank of France lowered its growth forecast of 0.2% for the second quarter. The Bank of France on Wednesday revised downward its growth forecast for the French economy in the second quarter, to 0.2% against 0.3% previously anticipated.  The Bank of France is based on a monthly survey of leaders companies that anticipate a …

Employment and Unemployment: Figures from Hollande Analysed

Youth unemployment, job creation, forecasts for 2016 … During his televised speech Thursday, President Hollande juggled the figures. France in the European average youth unemployment: FALSE Thursday evening in the show “citizen dialogues” , François Hollande denied that unemployment under 25 is greater than five points at the European average.  “No, is not true “ , he …

Consumer Prices up 0.2% in February, But Down year on year (INSEE, provisional)

The consumer prices rose 0.2% in February compared to January, mainly because of “price increses of manufactured products after the winter sales,” according to preliminary estimates released Friday by INSEE . The consumer prices rose 0.2% in February compared to January, mainly due to the “increase in prices of manufactured products after the winter sales,” according …