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How can we anticipate extreme risks to growth in France?

Published on 23rd of October 2026

Post No. 468. In France, extreme downside risks to growth stem primarily from non-financial private sector debt levels and market uncertainty in the short term, then economic uncertainty and geopolitical risks in the longer term. This finding, derived from the “Growth-at-Risk” approach, holds true whether the indicators are considered individually or combined.

Updated on the 23rd of October 2026