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Letter "E" » Emmanuel Ferry Quotes
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«should start to deteriorate ands reach a reach in September. Only a global economic improvement would allow a drop in unemployment in the long term.»
Author: Emmanuel Ferry
«We were expecting a kind of balancing out between rising business sentiment and consumer confidence, which we thought would slip, but in fact we have improved on both fronts.»
Author: Emmanuel Ferry
«But we remain cautious because the car industry should weigh on spending while sales of household goods, which have shown steady growth, should see a correction in coming months,»
Author: Emmanuel Ferry
«Moreover, the four motors of consumption -- that is wages, inflation, unemployment and consumer confidence -- are on a downward trend and should drag spending down.»
Author: Emmanuel Ferry
«It's normal for a new prime minister to enjoy rising popularity in the first months. The difficulties run very deep. The context is profoundly depressed.»
Author: Emmanuel Ferry
«The rebound is very slow, gradual and uncertain. The survey shows a changing scenario in July, notably on the personal and general business outlooks which deteriorated significantly.»
Author: Emmanuel Ferry
«This confirms my pessimistic scenario of a 0.9 percent growth for 2004 and consumer spending recovering only in 2005.»
Author: Emmanuel Ferry
«The broad picture looks better than expected but we have to watch figures very carefully. A downward correction driven by a relapse in consumer spending is very likely in the fourth quarter. That's why I remain cautious.»
Author: Emmanuel Ferry
«This is the highest inflation rate we've seen in over three years and much higher than 0.3 percent in June 1999, ... Euro-zone inflation should come in around 2.2 percent in June, and the ECB is likely to respond with a 25-basis-point rate rise in September.»
Author: Emmanuel Ferry
«For the moment there is absolutely no sign of a turnaround, ... The impact of the global slowdown on the French economy will continue to be felt in 2002.»
Author: Emmanuel Ferry
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