French government projects modest economic rebound for 2027 despite recent slowdown
The French government announced a budget built on an assumption of 1% real growth for 2027, even as recent statistics show a weak outlook.
At a press conference labeled the first stage of the budgetary process, Economy Minister Roland Lescure presented the government's growth assumption of 1% in real terms for 2027. The figure underpins the draft budget that is nearing completion. Recent performance indicators released by the national statistics institute have underscored a significant deceleration in economic activity for 2026, dampening earlier expectations.
Nonetheless, officials argue that the modest rebound is plausible and form the basis for upcoming fiscal planning. The announcement comes amid broader concerns about France's economic trajectory under the current administration.
Why it matters
The growth forecast shapes fiscal policy and signals the government's confidence in reviving the French economy.
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