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France Revises Economic Growth Forecast Higher Despite Record Heatwave

France's central bank has raised its economic growth forecast after stronger business activity in June, despite disruptions caused by one of the country's most intense heatwaves.

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Jhon max

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France Revises Economic Growth Forecast Higher Despite Record Heatwave

Economic progress is often measured in numbers, but behind every figure are businesses adapting to unexpected challenges. In France, one of those challenges has been an extraordinary summer marked by record-breaking temperatures.

The Bank of France announced that the country's economy performed better than expected during the second quarter of 2026. Activity recovered across industry, services, and parts of the manufacturing sector after a slower month in May.

Many companies adjusted working hours to avoid the hottest parts of the day. Factories modified production schedules, while service businesses adapted operations to reduce the impact of extreme weather on employees and customers.

The central bank now expects the French economy to grow modestly during the quarter, supported by stronger demand in hospitality, transportation, and information services. However, construction activity continues to face pressure due to weather conditions and higher operating costs.

Officials believe businesses have demonstrated resilience despite climate-related disruptions. While uncertainty remains, current indicators suggest that economic activity could continue improving in the coming months if conditions remain stable.

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Reuters Investing.com Bloomberg France 24 Reuters Breakingviews

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