Inflation in France
France - Inflation
Consumer confidence drops in November
In November, the consumer-confidence indicator published by the National Institute of Statistics and Economic Studies (INSEE) fell to 92 points—a nearly three-year low—from 95 points a month earlier. For a seventh consecutive month, the indicator remained below the 100-point threshold, which is a proxy of its long-term average.
November’s reading fell amid consumers’ anxieties toward employment prospects over the short term. In line, their expected standards of living fell sharply; moreover, so did their expected ability to save and their intentions to make big-ticket purchases.
FocusEconomics Consensus Forecast panelists expect private consumption to increase 1.5% in 2019, which is unchanged from last month’s forecast. The panel also expects private consumption to grow 1.5% in 2020.
France - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 0.9 | 0.5 | 0.0 | 0.2 | 1.0 |
France Inflation Chart
Source: National Institute of Statistics and FocusEconomics calculations.
France Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.64 | 0.46 % | Jan 14 |
| Exchange Rate | 1.15 | 0.65 % | Jan 14 |
| Stock Market | 4,763 | -0.29 % | Jan 14 |
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Economic News
France: Macron offers up pricey ‘yellow vest’ concessions
December 19, 2018
In mid-December, President Emmanuel Macron responded to the growing social unrest of the ‘yellow vest’ protests by promising a handful of fiscal measures intended to mollify the protestors.
France: ‘Yellow vest’ protests bruise private-sector activity in December
December 14, 2018
In December, the seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) plummeted to 49.3 from 54.2 a month earlier, landing below the 50.0-point threshold and pointing to a rare contraction in private-sector activity. The print reflected significant disruptions brought on by the ongoing ‘yellow vest’ protests.
France: Industrial output rebounds in October
December 7, 2018
In seasonally-adjusted terms, industrial output expanded 1.2% month-on-month in October, contrasting a 1.6% contraction in September (previously reported: -1.8% month-on-month s.a.).
France: GDP growth ticks up in Q3
November 29, 2018
France’s economy picked up steam in the third quarter, according to a comprehensive estimate released by the Statistical Institute (INSEE).
France: Consumer confidence drops in November
November 27, 2018
In November, the consumer-confidence indicator published by the National Institute of Statistics and Economic Studies (INSEE) fell to 92 points—a nearly three-year low—from 95 points a month earlier.
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