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France's April Economic Growth Fades as Supply Chain Pressures Mount, S&P Says

2026-06-01 07:53:57

According to S&P Global, France's April economic growth was short-lived, with the chief economist Joe Hayes stating on June 1 that advance order effects have dissipated, giving way to declining new business, reduced production, and inventory cuts. Supply chains continue adapting to shocks from Middle East conflicts and elevated energy prices; manufacturers faced more delivery delays and input cost increases in May compared to April. These pressures may translate into broader goods price inflation and supply disruptions across the economy in coming months, Hayes noted.

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