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10 July 2025 | Euro

Bank of France estimates 0.1% economic growth in Q2

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Bank of France estimates 0.1% economic growth in Q2

The Bank of France reports the country's economy grew by around 0.1% in the second quarter. Officials emphasized that unstable US trade policies continue to weigh on business sentiment.

A Bank of France survey of 8,500 companies showed improved business activity in manufacturing and services. However, other sectors, such as winemaking, were hit harder by US import tariffs, the news agency says.

According to the regulator, recent extreme heat also hurt local bars and restaurants as people stayed home to avoid high temperatures.

The country's central bank and national statistics agency INSEE forecast 0.6% overall economic growth for the entire year.

Elena Dorokhina MarketCheese

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