Interest Rate in France
France - Interest RateQuarter-on-quarter GDP growth in Q3 was confirmed at 0.5%, indicating that economic activity is on a steady growth track and should close the year at one of the fastest rates in years on the back of a rebound in annual fixed investment and industrial production growth. Recent indicators for the fourth quarter suggest that economic activity is picking up steam. In November, business confidence reached a ten-year high on the back of higher production expectations, while declining unemployment and growing optimism on France’s economic outlook pushed consumer confidence higher. Increased optimism on the economy was also reflected in the latest PMI reading for December, which saw the indicator recording one of the sharpest rates of expansion in the survey’s history as client demand soared. Higher demand volumes in the private sector are feeding into the labor market, which is resulting in the fastest employment growth in over 17 years. Likewise, the unemployment rate dipped in November to the lowest rate since December 2011.
France - Interest Rate Data
|Policy Interest Rate (%)||0.75||0.25||0.05||-||-|
5 years of economic forecasts for more than 30 economic indicators.
France Interest Rate Chart
Source: European Central Bank.
|Bond Yield||0.48||0.46 %||Dec 06|
|Exchange Rate||1.18||0.65 %||Dec 06|
|Stock Market||5,374||-0.29 %||Dec 06|
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January 11, 2018
Industrial production contracted 0.5% in month-on-month terms in November, contrasting the 1.7% increase observed in October.
January 5, 2018
Data released by the National Statistical Institute (INSEE) on 5 January showed that consumer prices rose 0.3% from the previous month in December (November: +0.1% month-on-month).
December 21, 2017
According to the National Institute of Statistics and Economic Studies’ (INSEE) business climate survey on manufacturing activity, business sentiment in the manufacturing sector edged down in December.
December 14, 2017
The IHS Markit flash composite Purchasing Managers’ Index (PMI) declined slightly from 60.3 points in November to 60.0 points in December.
December 14, 2017
According to revised data released by the National Statistical Institute (INSEE) on 14 December, consumer prices rose 0.1% from the previous month in November, matching the increase recorded in October.