![]() ![]() On average over the year 2021, GDP increased by +7.0% after –8.0% in 2020. However, activity rebounded after the end of the first lockdown, from the third quarter of 2020 (see Figure 1). The implementation of new measures to limit social interactions started in mid-October with a second lockdown, less stringent than the first one insofar as schools remained open and people could commute for professional reasons. It continued, albeit at a slower pace, during the summer months.Īt the same time, for several weeks and after a lull during the summer, the spread of the virus has intensified, particularly in large cities. However, the rebound in economic activity was very strong from the start of the deconfinement, in May and then in June. The estimate of the loss of economic activity linked to the health crisis is around 28% in April, as shown by Figure 1. Restaurants and cafés remained closed until June 2 and schools until the end of June.Īs a consequence of this very stringent lockdown, economic activity has slowed sharply in April 2020. The lockdown started to be released from May 11, but very gradually, with a limited reopening of schools and shops depending on sectors and regions. The rules were stringent: The government announced 15 days after the start of containment that there had been 5.8 million checks and 350,000 fines. Violation of these rules is liable to a fine from 135 euros to 3750 euros and 6 months imprisonment. Those who moved were required to have an authorization from their employer or a sworn statement indicating the reason for the trip. Mobility was authorized for a limited list of motives explicitly listed by a decree released on 24 March. Schools, restaurants and all shops except pharmacies and groceries were closed. France started a rigorous lockdown on March, 17, 2020.
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