Exchange Rate in France
France - Exchange Rate
A third estimate confirmed that quarter-on-quarter economic growth in the fourth quarter of 2017 picked up steam compared to the preceding quarter. High business confidence and cheap credit supported growth in fixed investment, while strong overseas demand buoyed the external sector. The latest data, however, suggests that activity cooled slightly in Q1 of this year. Month-on-month industrial production plummeted in January, and consumer and business confidence have weakened since January. Declines in survey-based data could partly reflect growing apprehension over the reform agenda of President Macron’s administration. The president has vowed not to back down in his attempt to reform the highly indebted state-run train operator and the public service, which would collectively result in the downsizing of 120,000 state employees. Labor unions, in turn, have organized massive nationwide strikes from March until June. The stakes are high for the president, since failing to push through these changes would dent his political capital and likely limit the scope of future reforms.France - Exchange Rate Data
| 2012 | 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 1.32 | 1.38 | - | - | - |
France Exchange Rate Chart
Source: Thomson Reuters.
France Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.82 | 0.46 % | Apr 19 |
| Bond Yield | 0.82 | 0.46 % | Apr 19 |
| Exchange Rate | 1.24 | 0.65 % | Apr 19 |
| Exchange Rate | 1.24 | 0.65 % | Apr 19 |
| Stock Market | 5,392 | -0.29 % | Apr 19 |
| Stock Market | 5,392 | -0.29 % | Apr 19 |
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Economic News
France: HICP inflation edges up in March
April 12, 2018
Preliminary data released by the National Statistical Institute (INSEE) on 12 April showed that consumer prices jumped from a flat reading in February to a 1.0% month-on-month increase in March.
France: Industrial output rebounds in February
April 10, 2018
Industrial production swung from a revised 1.8% month-on-month drop in January (previously reported: -2.0% month-on-month) to a 1.2% expansion in February.
France: HICP inflation edges up in March
March 30, 2018
Preliminary data released by the National Statistical Institute (INSEE) on 30 March showed that consumer prices jumped from a flat reading in February to a 1.0% increase in March.
France: Consumer confidence stable in March
March 28, 2018
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) was unchanged from the previous month in March at its long-term average of 100 points, in line with market expectations.
France: Economic growth picks up steam in Q4
March 26, 2018
The French economy closed 2017 on a strong note, as confirmed by the third estimate for fourth-quarter growth released by the National Statistical Institute (INSEE) on 26 March.
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