Report
The French economy after the interest rate shock
French real GDP grew by 1.1% annualised in H1 2023 but the outlook darkened during the summer. The weak business climate has spread to the service sectors, pointing to a risk of stagnation in the short term. The international environment remains uncertain. Domestic demand is suffering from the historic tightening of credit conditions. While business investment is still holding up well, household spending is not, with sluggish consumption and housing investment falling sharply. Wi...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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