France: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

International Monetary Fund

No 2022/018, IMF Staff Country Reports from International Monetary Fund

Abstract: A strong economic recovery is underway in France, bolstered by progress on vaccination, strong fiscal support and solid private sector led investment. Employment has recovered to above pre-crisis levels and unemployment is virtually stable. Inflation is increasing, mainly driven by a rise in energy prices but also due to supply-chain disruptions. The public deficit and debt ratio surged in 2020, reflecting the large amount of emergency support deployed and the drop in activity.

Keywords: IMF staff calculation; government shares staff view; des coûts; day infection rate; debt ratio; headline inflation; Labor markets; Inflation; Global; Europe (search for similar items in EconPapers)
Pages: 83
Date: 2022-01-26
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