French households would have to spend up to €300 (£256) a month more if they shunned imports for goods made in their own country, according to a report that highlights the downside of a government “Made in France” drive.
The patriotic campaign reflects president François Hollande’s ambition to reverse a long industrial decline and make a country whose economy relies heavily on domestic consumption more competitive.
The findings by think-tank CEPII show that if France’s 27 million families relied entirely on homeproduced goods, they would need to spend between €100 and €300 more each month.
A quarter of savings made by relying on imports was generated by buying bags and luggage from low-cost countries, such as China, India and Bangladesh.
Flat-screen televisions and other electrical goods were next, followed by clothing and footwear.