BAROMETER. The freight transport market in France is suffering from numerous crippling uncertainties: sluggish activity, variations in diesel costs, inflation in certain cost items. French carriers are concerned that the ecotax could return and the elimination of reduced TICPE (excise tax on energy products) rates is on the table.
Internationally, the month of June was marked by a resurgence of tension, with the Israeli and then American bombings of Iran. As a direct consequence, oil prices soared: the price of a barrel of Brent (the benchmark barrel in Europe), which was $66.55 on June 10, 2025, rose to $78.69 on June 19 and exceeded $80 on the morning of Monday, June 23, its highest level since January 2025. This pressure on prices has had a direct impact on the cost of diesel at the pump: commercial diesel saw a price increase of around 3.4% in June, breaking with the continuous decline recorded since January. This flareup, however, cooled down fairly quickly.
At the national level, the INSEE has revised French GDP growth downwards with a growth forecast of only 0.6% for 2025, after a rise of 1.1% in 2024, which represents a modest gain of 18 billion euros. The only good news: France avoided a recession. But household consumption and business investment are slowing, with the latter expected to decline by 0.5% in 2025. In the eurozone, GDP growth is expected to reach 0.9%,...
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