'A 'perfect storm' appears to be brewing over the French economy'
France's government faces political instability and economic challenges, including rising energy prices and inflation, impacting household purchasing power. Following violent protests on October 17, concerns grow over decreased consumer spending, crucial for the holiday season. Carrefour's CEO warns of significant losses due to damage and looting, fearing a long-term decline in retail activity. Historical data shows social movements negatively affect GDP, with the current economy lacking resilience compared to past crises. Recent stagnation in GDP and declining household purchasing power further complicate recovery prospects before Christmas.