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Economic Instability and Consumer Trends in France: Insights from Dominique Schelcher

Dominique Schelcher, CEO of Coopérative U, highlights economic uncertainties affecting employment and consumer behavior in France. In a recent interview, he discussed a joint appeal from business leaders and unions regarding the potential instability following upcoming political decisions, particularly on fiscal matters. He noted a decline in consumer spending trends, especially as inflation continues to affect choices around gift purchases during the holiday season. The president of Medef, Patrick Martin, echoed concerns, stating that France is already in recession.

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