IMF Cuts France's 2026 GDP Growth Forecast to 0.7% From 0.9% on May 21

GateNews
According to IMF on May 21, the International Monetary Fund downgraded France's 2026 GDP growth forecast to 0.7% from 0.9% due to Middle East conflict impacts and rising pre-election uncertainty. IMF stated that the ongoing war in the Middle East is beginning to drag on economic activity, with business investment and household consumption expected to slow ahead of the 2027 presidential election. The organization warned that downside risks to this revised forecast remain elevated.
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