French central bank governor warns that prolonged high temperatures are dragging down the economy.

Emmanuel Moulin, Governor of the Bank of France, said in an interview with the media on the 20th that the recurring high temperatures are expected to drag down France's economic growth. France is currently experiencing a new round of high temperatures since the beginning of summer. Moulin said that the short-term impact of high temperatures on the economy is difficult to assess; in the medium term, high temperatures are prone to trigger disasters such as fires and floods, which can have a negative impact on banking assets, insurance business, etc., thereby dragging down economic growth.