A report shows New Caledonia's economy has slowed down after years of upbeat activity fuelled by the resources boom.
The defacto central bank for the French Pacific says this is in part linked to the completion of two huge nickel plants.
It says last year there was no discernable trend but this year indicators point to a drop in domestic demand.
It points to a drop in job vacancies and a decline in fishing, agriculture and tourism.
Over the past decade, New Caledonia's economy grew on average 3.4 percent a year.