Macro - Country Economic Forecasts - Reunion

Macro - Country Economic Forecasts - Reunion

We still expect Reunion's GDP to grow by 1.2% this year even though we forecast sticky food and manufactured goods inflation and sluggish growth prospects in mainland France. Despite relatively high inflation and poorer business sentiment surveys for some sectors, we've kept our forecast unchanged due to falling unemployment and recovering tourism with revenues now surpassing pre-pandemic levels.