France's Economy Weathers Political Uncertainty; Budget Vote Critical for Growth

• France's economy shows modest growth despite political uncertainty, with the central bank forecasting 0.2% expansion in Q4.
• Industrial activity, particularly in computer, electronic, and optical products, drove continued economic momentum in November.
• Political upheaval and uncertainty over the budget vote are weighing on the economy, causing an estimated 0.2 percentage point drag.
• The central bank aims to reduce the budget deficit to 4.7% of GDP by 2026, down from a forecast 5.4% this year.

Why It Matters: France's economy shows resilience despite political turmoil and budget challenges.