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Wednesday 10 December 2025

Slowing growth, predict INSEE and IEDOM

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Even if the Reunionese economy, Well equipped with crisis shock absorbers, resists the difficulties better than the French economy as a whole, Growth should slow down in 2023, According to partners in rapid economic accounts for overseas (By the cerom). INSEE thus notes a slight decrease in salaried employment in the 1st quarter 2023, For the first time in three years (200 less jobs compared to the end of 2022). "The private sector ceases to bring the dynamics of employment and sees 500 jobs disappear, especially in the interim, comments the institute, While the public sector is straightening up. "Idom notes a surprising improvement in the business climate at the start of the year (+6,6 points compared to the end of 2022), but also some trends that augur on a slowdown in activity. Bank card payments have thus retreated 2,7 % in the 1st quarter and imports fell by 2,6 % compared to in the 4th quarter 2022. If the number of hotel nights has increased by 4,5 % in the first three months of the year, Public procurement in civil engineering fell by 37 %, announcing a difficult period for construction.

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