France's economy resumes growth
The French economy grew by 0.2% in the second quarter of 2026, after contracting by 0.1% in the first quarter. This was driven by improved domestic demand and rising exports, although the growth was lower than the projected 0.3%. However, the French economy is facing pressures due to rising costs from the ongoing conflict with Iran, leading the International Monetary Fund to estimate a budget deficit of 5.2% in 2026, with projected growth of only 0.6% for the year—its slowest rate in 15 years—before improving to 0.9% in 2027.
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