Estimates from INSEE

  • Growth seen at 1.6% in 2017, up from 1.1% in 2016
  • Economy seen adding 222,000 jobs this year
  • GDP seen at +0.5% in Q2 and in Q3 then +0.4% in Q4
  • Inflation seen averaging 1.1% in 2017

The current consensus estimate for France is 1.4%. Given the better recent sentiment, there are certainly upside risks.