Growth and inflation tested by geopolitical uncertainties Economic outlook - March 2022

 

Conjoncture in France
Paru le :Paru le18/03/2022
Conjoncture in France- March 2022
Consulter

Foreign trade

In Q4 2021, foreign trade was particularly buoyant. In terms of both exports and imports, this acceleration was the result of the sharp rebound in trade in manufactured products, especially transport equipment on the import side. Trade in services bounced back too, driven by transport services. Despite the deterioration in the health situation at the end of the year, trade relating to tourism (spending by foreign tourists in France and spending by French residents abroad) continued to improve, although more moderately than in the previous quarter, when it had accounted for most of the increase in foreign trade. All in all, due to imports being even more dynamic than exports, in accounting terms foreign trade hampered GDP growth in Q4 2021...

Conjoncture in France

Paru le :24/03/2022