Interest Rate in France
France - Interest RateGDP growth stagnated in quarter-on-quarter terms in Q1 due to a contraction in private spending. Turning to Q2, the war in Ukraine is taking a toll on the economy: Record-high inflation and subdued consumer confidence in April is likely to keep a lid on household consumption. Similarly, business confidence moderated further in May. That said, the composite PMI rose to a four-year high in April and remained upbeat in May, bolstered by the loosening of pandemic-related restrictions. In politics, Emmanuel Macron appointed Élisabeth Borne as the prime minister on 16 May after a cabinet reshuffle. Lastly, in a recent report, the European Commission said that France had successfully managed the pandemic crisis, but had strained public finances as a result. In order to ensure sustainability of public finances, the Commission recommended that France simplifies its pension system.
France - Interest Rate Data
|Policy Interest Rate (%)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
France Interest Rate Chart
Source: European Central Bank.
|Bond Yield||0.08||0.46 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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November 4, 2022
Industrial output decreased 0.8% month on month in seasonally-adjusted terms in September (August: +2.7% mom).
October 28, 2022
Harmonized inflation came in at 7.1% in October, up from September’s 6.2%.
October 28, 2022
According to a preliminary estimate, GDP growth eased to 0.2% on a seasonally adjusted quarter-on-quarter basis in the third quarter, from 0.5% in the second quarter.
October 26, 2022
Consumer confidence rose to 82.0 in October from September's 79.0.
October 20, 2022
Business confidence rose to 103.2 in October from September's 101.5.