National

France trims 2026 economic growth forecast to 0.7%

By Reuters Reuters
A general view shows the Montparnasse Tower and the Eiffel Tower with the financial and business district of La Defense in the background, in Paris, France, August 22, 2025. REUTERS/Abdul Saboor
A general view shows the Montparnasse Tower and the Eiffel Tower with the financial and business district of La Defense in the background, in Paris, France, August 22, 2025. REUTERS/Abdul Saboor Abdul Saboor Reuters

PARIS - France's Finance Ministry said on Tuesday it had cut its 2026 growth forecast to 0.7% from a previous 0.9% in a mid-year public finances update to lawmakers.

"This revision takes into account a less favourable start of the year than anticipated, linked in particular to the special (budget) legislation, as well as the international situation, notably the conflict in the Middle East," Finance Minister Roland Lescure said in a statement.

(Reporting by Leigh Thomas, editing by Inti Landauro)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published July 7, 2026 at 6:38 AM.

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