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Macro - Country Economic Forecasts - Reunion

Publisher Oxford Economics
Published Nov 15, 2024
Length 1 Pages
SKU # OFE19339366

Description

Macro - Country Economic Forecasts - Reunion



We have lowered our 2025 GDP growth forecast for Reunion by 0.5ppts to 3.4%. Muted economic growth in France and the broader eurozone will weigh on Reunion's tourism industry. France's new Prime Minister, Michel Barnier, has proposed major budget cuts to reduce the country's deficit, including less funding for overseas territories. This would reduce construction spending and renovation of social housing, weighing on government investment.

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1 Pages
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