Economist: France's April growth is short-lived, government policy tools are limited

```htmlGolden Ten Data reported on June 1 that Joe Hayes, Chief Economist at S&P Global Market Intelligence, stated: "As expected, France's growth in April was short-lived. The effect of advance orders has faded, replaced by a decline in new business, production cuts, and reduced inventories. Supply chains are still adapting to the volatility triggered by the Middle East war and energy price shocks. For example, compared to April, more French manufacturers are experiencing delivery issues and rising input costs—these pressures may lead to price increases for goods and supply problems across wider economic sectors in the coming months. Unfortunately, for indebted countries like France, policy tools that can effectively address issues caused by such large-scale external shocks are limited."```