Gate.io: French economic concerns shift from inflation to economic downturn

On February 28, Jinshi Data reported that Charlotte de Montpellier, an international economist from the Netherlands, pointed out in a report that although inflation is no longer a threat to the French economy, the weakness in economic activity is not the case. According to the EU’s unified standards, the inflation rate in France in February fell from 1.8% in January to 0.9%, indicating extremely weak price pressure. It is unlikely that the inflation rate will rebound significantly in the coming months, especially with a noticeable slowdown in service price rise, indicating a weak French economy and very low demand. Consumer data for January showed a 0.5% decrease in household goods expenditure compared to the previous month. Following a 0.1% contraction in the fourth quarter of 2024, there is a risk of further contraction in the first quarter of this year.