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

January 26, 2022

Preview Citation

Format: Chicago

France: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France, (USA: International Monetary Fund, 2022) accessed November 21, 2024

Summary

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.

Subject: Expenditure, Financial crises, Inflation, International organization, Labor, Labor markets, Monetary policy, Prices, Public debt

Keywords: Day infection rate, Debt ratio, Des coûts, Europe, Global, Government shares staff view, Headline inflation, IMF staff calculation, Inflation, Labor markets

Publication Details

Pages:

83
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2022/018
Stock No:

1FRAEA2022001
ISBN:

9798400201172
ISSN:

1934-7685

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