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  • Rising inflation and subdued wage growth point to an outright fall in French real incomes in 2026…
  • …But the indexation of minimum wages and social transfers will cushion the blow, in part.
  • We now see GDP in France rising by just 0.7% this year, slowing from 0.9% growth in 2025.

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Keywords for: 28 May 2026 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence