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France 24

Economic impact of France's political crisis

France 24 · New
France 24
France 24
New

French President Emmanuel Macron is seeking his fifth prime minister in less than two years after opposition parties united to oust centre-right Prime Minister François Bayrou over his unpopular plans for budget tightening.

Breakdown
  • Businesses supplying schools report increased stock and reduced orders. 12s
  • Some companies have put staff on temporary leave due to decreased demand. 34s
  • Consumers are delaying major purchases and reducing discretionary spending. 49s
  • Economists observe that people are saving more and shopping at cheaper stores. 1m 16s
  • Overall consumer spending in France has declined over the past year. 1m 28s
PoliticsEconomy