Interest Rate in France
France - Interest RateAdditional fiscal measures unveiled in April appear to have blown wind into the economy’s sails in the second quarter. Domestically, consumer sentiment and, in turn, household spending should have benefited from an announced EUR 27 billion tax cut package over the next five years and sustained labor market tightening. Meanwhile, positive business sentiment should have supported capital investment, although industrial weaknesses in the Eurozone and the looming threat of U.S. tariffs likely took their toll. On the external side, despite sluggish regional demand, the trade deficit narrowed in May. In politics, on 11 July, the upper house approved a 3.0% levy on sales of the largest digital companies operating in the country. Meanwhile, on 18 July, President Macron presented his pensions reform, which proposes raising the retirement age to 64 by 2025, from 62 today, and risks confrontation with unions.
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||-0.18||0.46 %||Jul 31|
|Exchange Rate||1.11||0.65 %||Jul 31|
|Stock Market||5,519||-0.29 %||Jul 31|
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August 14, 2019
Consumer prices decreased 0.2% month-on-month in July (June: +0.2% month-on-month), the lowest reading in six months, according to an estimate released by the Statistical Institute (INSEE).
August 9, 2019
Seasonally-adjusted industrial output contracted 2.3% month-on-month in June, an over-year low, contrasting a 2.0% increase in May.
August 5, 2019
The seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) inched down to 51.9 points in July, from 52.7 points in June, and remained above the 50-point threshold that separates expansion from contraction in business conditions.
July 31, 2019
Consumer prices decreased 0.2% month-on-month in July (June: +0.2% month-on-month), the lowest reading in six months, according to a provisional estimate released by the Statistical Institute (INSEE).
July 30, 2019
France’s economy grew a seasonally-adjusted 0.2% quarter-on-quarter in the second quarter, edging down from the 0.3% expansion recorded in the first quarter, according to a first estimate released by the French Statistical Institute (INSEE).