Economic activity slowed significantly in France in 2023 on persistently high inflation and emphatic monetary tightening. The French economy grew 0.9% over the year (seasonal and working-day adjusted), after 2.5% in 2022, but avoided a recession. 

The economy is expected to recover in 2024, with annual growth stable at 0.9% but with higher quarterly growth than in 2023. Annual growth is expected to be...