IMF Staff Country Reports

France: Staff Report for the 2005 Article IV Consultation

Publication Date:

November 7, 2005

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2005 Article IV Consultation highlights that the cyclical recovery of the French economy was interrupted in the first half of 2005, as previously strong domestic demand faltered and the external sector continued to exert a drag on growth. In 2004, growth was faster and more consumption-driven than in other large euro area countries. Employment growth in hours, increases in minimum wages, and some fiscal measures supported private household incomes. The 2006 draft budget targets a reduction in the general government deficit to 2.9 percent of GDP.

Series:

Country Report No. 2005/399

Subject:

Employment Labor Labor markets Public debt Unemployment

Frequency:

Biannually