France: Staff Report for the 2005 Article IV Consultation
IMF Staff Country Reports, November 7, 2005
Source details
- Canonical URL
- France: Staff Report for the 2005 Article IV Consultation
Other formats
Bibliographic details
- Published: November 7, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451813678.002
Key findings
- The cyclical recovery of the French economy was interrupted in the first half of 2005.
- Previously strong domestic demand faltered in 2005.
- The external sector continued to exert a drag on growth in the first half of 2005.
- 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.
Fiscal outlook and targets
- The 2006 draft budget targets a reduction in the general government deficit to 2.9 percent of GDP.
Labor and household income dynamics
- Employment growth measured in hours contributed to household income support.
- Minimum wage increases and selected fiscal measures provided additional support to private household incomes.
Publication and scope
- Document: IMF Staff Country Report summarizing the 2005 Article IV Consultation for France.
- Length: 62 pages.
- Series/Issue: Country Report No. 2005/399.
Source: France: Staff Report for the 2005 Article IV Consultation (November 7, 2005), IMF Staff Country Reports 2005, 399.
Content in this bundle
- _cr05399 — Executive Summary and Selected Findings