Retail Sales in France
France - Retail SalesPreliminary GDP data show that the French economy closed 2017 on a spectacular note, highlighting that the economy is benefitting from the global economic upswing and strong confidence from Macron’s business-friendly policies. Quarter-on-quarter growth in Q4 accelerated on the back of a rebound in the external sector and buoyant growth in the domestic economy. Fixed investment spearheaded the uptick as high business confidence supported an increase in capital spending. While growth in private consumption decelerated in Q4 compared to the previous quarter, it expanded at a healthy pace buoyed by multi-year low unemployment, moderate inflation and elevated consumer confidence. The strong economic momentum likely carried over into the beginning of the year with survey-based data remaining at above-average levels.
France - Retail Sales Data
|Retail Sales (annual variation in %)||1.9||1.8||2.3||3.8||2.8|
5 years of economic forecasts for more than 30 economic indicators.
France Retail Sales Chart
Source: National Institute of Statistics and FocusEconomics calculations.
|Bond Yield||0.71||0.46 %||Mar 15|
|Exchange Rate||1.23||0.65 %||Mar 15|
|Stock Market||5,267||-0.29 %||Mar 15|
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March 15, 2018
Revised data released by the National Statistical Institute (INSEE) on 15 March showed that consumer prices were unchanged in February from the previous month (previously reported: -0.1% month-on-month), contrasting the 0.1% month-on-month drop observed in January.
March 9, 2018
Industrial production contracted 2.0% in month-on-month terms in January, coming in below the 0.2% increase observed in December.
February 28, 2018
Preliminary data released by the National Statistical Institute (INSEE) on 28 February showed that consumer prices dropped 0.1% from the previous month in February (January: -0.1% month-on-month).
February 28, 2018
The French economy closed 2017 on a strong note, according to the second estimate for the fourth quarter released by the National Statistical Institute (INSEE) on 28 February.
February 27, 2018
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) dropped from 104 points in January to 100 points in February, undershooting market expectations of a softer drop to 103 points.