Canicula și seceta reduc PIB-ul Franței cu 0,1 puncte procentuale

France's GDP is projected to decrease by 0.1 percentage points due to heatwaves and drought affecting agricultural production, which is expected to drop by 8%. The Ministry of Economy and Finance highlighted that the impact on agriculture is significant, particularly for corn and pastures. Additionally, rising gas prices and fertilizer costs due to geopolitical tensions are exacerbating the situation. While other sectors may experience localized effects, the overall macroeconomic consequences are expected to be limited. Recent data shows a downward revision of France's economic activity, with a 0.2% decline in GDP in the first quarter and stagnation in the second quarter.