Despite a gloomy economic climate, marked by the war in Ukraine and inflation, the French remain hedonistic.
To get 2023 off to a good start, it is better to be a restaurant or tour operator than a shop owner. Assigned to residence, weaned from holidays and outings during the pandemic, the French now want to get some fresh air. They are fond of experiments and leisure, even if it means sacrificing their expenditure on equipment.
«After two gloomy years, the French show a renewed appetite for lifenotes the bank BPCE. Cafes and restaurants filled up, tourist activities broke records and shops again attracted customers – while some worried about the risk of lasting disaffection with e-commerce.»
Spending in bars and restaurants last year was a third higher than in 2019, the year before the pandemic. Despite a gloomy economic climate, marked by the war in Ukraine and inflation, the French remain hedonistic.
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Among the activities whose growth was the strongest last year, none consists of selling…