Persistently high energy prices from Gulf disruption keep pushing core eurozone economies into falling output and rising inflation at the same time. Each release adds pressure on the ECB and on high-deficit sovereigns, and pushes governments toward emergency energy-security measures such as delaying refinery closures, at the expense of growth.
forming · confidence 50 · Medium term (3-9 months) · tracking since October 31, 2026 · updated October 31, 2026
France's GDP shrank 0.1% in Q3, its second contraction in three quarters, with investment down 0.6% and inflation up to 3.4%. Energy costs are pushing Europe to reconsider planned refinery closures.
Supporting · October 31, 2026
France's Economy Shrinks 0.1% in the Third Quarter as Inflation Rises to 3.4%
France's GDP shrank 0.1% in Q3, its second contraction in three quarters, with investment down 0.6% and inflation up to 3.4%. Energy costs are pushing Europe to reconsider planned refinery closures.
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