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France's Le Maire: economic growth will be better in 2021 than current 6.25% forecast

Published 12/13/2021, 03:06 AM
Updated 12/13/2021, 03:10 AM
© Reuters. FILE PHOTO: French Economy and Finance Minister Bruno Le Maire attends a joint news conference with Paschal Donohoe, Eurogroup President and Irish Finance Minister, (not seen) after a meeting at the Bercy Finance Ministry in Paris, France, November 29, 20

PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Monday that France's economic growth this year will be better than the government's forecast of 6.25%, even though inflation was currently strong and weighing on people's spending power.

"Let's stick to the official forecast of 6.25% but I think we'll do better," Le Maire told BFM TV.

"We will do better," Le Maire again told BFM TV, when asked by BFM TV about a possible growth figure of 6.5 percent.

Last week, France's central bank raised its growth forecast again for 2021, to 6.7% versus 6.3% in September and 5.8% in June.

Latest comments

If “economic growth” is projected to be less than inflation, can you even call it growth?
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