Natixis - Unfortunately, Franceâ€™s deindustrialisation seems inexorable

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Natixis

Patrick Artus

Unfortunately, Franceâ€™s deindustrialisation seems inexorable

We fail to see how France â€™s deindustrialisation could be halted : Global demand for industrial products is weakening; French industryâ€™s cost competitiveness is not improving; The relative sophistication of French industry is not picking up; Trends in the automotive industry are going to reduce industrial value added; French industry faces significant hiring difficulties. Franceâ€™s continued deindustrialisation is having the expected negative effects on production, wages and foreign trade.

08/04/2019 7 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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Unfortunately, Franceâ€™s deindustrialisation seems inexorable

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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