Interest Rate in France

France Interest Rate | Economic News & Forecasts

France - Interest Rate

A preliminary estimate revealed that growth sustained its momentum in the third quarter, matching the second quarter’s result and proving more resilient to the global slowdown than most of its European peers. Private consumption accelerated amid a sharp pick-up in consumer sentiment, an over one-decade low unemployment rate and subdued inflation, while government spending grew steadily. On the flipside, fixed investment slowed in Q3 on stagnant private investment. Meanwhile, the external sector contributed to the overall expansion thanks to a rebound in exports. Momentum likely eased at the outset of the fourth quarter, however, as business sentiment fell to a near five-year low in October and consumer sentiment moderated slightly in the same month. In politics, with the debate on pension reform at an important stage, large workers unions called for a country-wide strike starting on 5 December at a time of rising tensions within Macron’s parliamentary majority.

France - Interest Rate Data

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Policy Interest Rate (%)-     -     -     -     -     

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Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

France Facts

Bond Yield-0.060.46 %Nov 21
Exchange Rate1.110.65 %Nov 21
Stock Market5,881-0.29 %Nov 21

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