Natixis - Franceâ€™s growth in 2019 will surprise on the upside

Report

Natixis

Patrick Artus

Franceâ€™s growth in 2019 will surprise on the upside

We believe that the consensus of forecasters underestimates French growth for 2019, which is likely to surprise on the upside given: The acceleration in wages and the decline in inflation; The still-low interest rates; The increase in the fiscal deficit (increase in transfer payments to households and tax cuts); The small size of industry, when it is cyclical weakness in industry that is weakening economies.

28/03/2019 6 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Analysts

Patrick Artus

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Franceâ€™s growth in 2019 will surprise on the upside

Japan: Macro and geopolitics brew winners in industrials, IT and financials

Section 899: A tool to increase revenue or to change foreign tax policy?

ECB Takes Summer Pause to Preserve Monetary Policy Flexibility

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