Economic situation of the 1st quarter of 2016
Would a recovery in activity emerge in France? Positive signals appear: the recovery of the Financial situation of Enterprises and Households ones. In a supportive environment (low oil prices and competitive euro rate of very Low Interest), and despite the slowing down of emerging countries, the French economy enters the year 2016 in more favourable conditions. Would the slight unemployment decline recorded recently consolidate the scenario of the OFCE which counts on June growth of 1.6% with a rate of unemployment to 9.5% by year end with a gradual and moderate recovery in investment companies?
Download the Symop review of economic conditions for the 1st quarter of 2016 HERE (in French).