The International Monetary Fund (IMF) on Tuesday, April 22, lowered its growth forecast for France to 0,6% this year, reflecting an economic slowdown in the eurozone caused by Donald Trump's tariff surcharges.
This represents a decline of 0,2 points compared to the last forecasts published in January by the Washington institution.
"Growing uncertainty and tariffs are the main drivers of moderate growth in 2025" in the eurozone, the IMF wrote in its World Economic Outlook (WEO) published Tuesday.
After imposing a 20% customs surcharge on most European products, the American president suspended the measure for three months but maintained a 10% surcharge.
The IMF has the most pessimistic growth outlook for France of all major forecasters for this year: the OECD is counting on 0,8%, while the Banque de France and the French government are counting on 0,7%.
For 2026, the government is counting on a GDP growth of 1,2%, as is the Bank of France, a forecast higher than that of the IMF and the OECD, which are counting on 1%.
Illustrative image of the article via Depositphotos.com.
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