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Outlook for 2007
Ìý20052006(e)
Industrial13.714
Offices4.75.4
Retail6.16.3
Admin buildings8.48.9
Agricultural buildings13.114.1
Total4648.7
(e) estimated, (p) projected
Investment in 2007 is expected to stay healthy with similar levels to 2006 but rents are expected to rise, and a capital will be ever more available. The French market should still be seen as a safe investment by most and we should see continued growth in new investment vehicles that will put their money into health clinics, restaurants, hotels, and so on.
French economy
Ìý20062007
GDP growth2.00%2.00%
Consumer price inflation1.70%1.70%
Producer pricesÌý2.00%
Average wagesÌý2.80%
Unemployment9.10%8.50%
Retail salesÌý3.20%
Private consumer spending2.10%2.00%
Governmental consumer spending1.80%1.30%
Imports7.80%5.90%
Industrial productionÌý2.60%
Gross fixed investment3.40%3.40%
Public deficit (as % of GDP)2.70%2.50%
Interest rates3.00%3.30%
Construction industry
Ìý20062007
Turnover5.00%2.70%
Sales of cement1.50%Ìý
Residential construction4.70%Ìý
Non-residential construction2.40%1.80%
Civil engineering3.50%3.30%
Tender prices3.00%2.30%