IMF Staff Country Reports

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

Publication Date:

January 26, 2022

Electronic Access:

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

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.

Series:

Country Report No. 2022/018

Subject:

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

Frequency:

regular