France 2026 growth forecast cut to 0.2% by Moody’s

Moody’s has halved its forecast for France’s GDP growth in 2026 to 0.2%, signalling a much weaker outlook for the eurozone’s second-largest economy. The revision comes as the government faces difficulty reducing public debt and could add pressure to its efforts to manage public finances.

The agency reiterated its negative outlook for France’s credit rating two weeks earlier. Moody’s forecast is more pessimistic than those of France’s national statistics institute and central bank, which have projected growth of 0.4% and 0.5%, respectively.