European Central Bank (ECB) Governing Council member and Bank of France Governor Francois Villeroy de Galhau mentioned on Monday that while the French economy is "slowing down, we don't see a recession."
Speaking on La Chaine Info (LCI), he went on to say that the economic growth in the country could pick up in 2026 and 2027, while it is believed that it was at 0% in the fourth quarter of 2024.
France's annual consumer inflation came in at 1.3% in December, unchanged from the November figure.