French Economy Minister says that with energy price volatility, a slowdown of the economy is expected
- In the coming days, will be announcing measures to offset elevated oil prices.
- Government's GDP growth remains at 1% for now.
Context
The French Economy Minister's comments signal a recognition of the economic impact stemming from energy price volatility, likely reinforcing expectations for deceleration in growth. The indication of forthcoming measures to address elevated oil prices could influence commodities and may inject further volatility into market sentiment, particularly if details point to extensive government intervention. Overall, this commentary suggests an environment of uncertainty ahead, with implications for both growth expectations and energy-related markets.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#FRANCE#ECONOMIC COMMENTARY#ENERGY#ASIAN SESSION#EU SESSION#WTI#COMMODITIES