“ Against the backdrop of the battle against pension reform, the first quarter of 2023 is marked by the lasting trend of inflation and the attempt to control it via monetary tightening, notably tougher borrowing conditions”, underlines the development agency Nexa in its latest economic report. The effects of this situation in Reunion are multiple, with repercussions on foreign trade, in clear slowdown, or on business activity despite increasing turnover (incorporating price increases). From one sector to another, the differences are accentuated, between commerce which must face the arbitrage of household spending, the construction which sees the difficulties piling up (increased material costs and fewer orders), and tourism reinvigorated by the return of external visitors.
