Household consumption and business investment will exceed their level at the end of 2019 at the end of December.
Better and better! After the 5.75% of the Banque de France, INSEE advanced in its economic report “Return to the surface”, published on Thursday, on a tricolor GDP growth of 6% in 2021. According to its experts, the France submarine would thus return to the pre-crisis level of activity at the end of the year. What to rejoice the Castex government, which for its part is still cautiously counting on a growth of 5% this year, after a recession of 8% in 2020.
This rapid recovery puts Paris in a good position on the world stage. After the United States, which returned to their pre-crisis activity this spring, Germany is set to precede France by a few months. The United Kingdom, Italy and Spain will follow. The INSEE projection is based on growth of 3.4% in the third quarter and 0.7% in the fourth, under “The hypothesis of the absence of new severe health restrictions”, said Julien Pouget, the head of the economic department.
Even though the latest data
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