Retail Sales in France

France Retail Sales | Economic News & Forecasts

France - Retail Sales

Growth held steady in Q1, largely thanks to fiscal measures unveiled to quell the ‘gilet jaunes’ protests, which erupted late last year. Domestically, a tax break and handouts at the outset of the year, coupled with further gains in employment, fostered a rebound in household spending in Q1. Fixed investment, however, softened on lower residential construction activity. Turning to Q2, the announcement of a second round of fiscal stimulus, combined with continued labor market tightening and low inflation, is likely to support consumption. Meanwhile, President Emmanuel Macron’s privatization plans were thrown into doubt in recent weeks after the opposition blocked his proposal to sell the government’s controlling stake in Aéroports de Paris. Macron’s narrow defeat in the European parliamentary elections is, however, likely to encourage him to press on with other sorely-needed reforms.

France - Retail Sales Data

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)1.8  1.7  3.6  2.9  3.7  

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France Retail Sales Chart


France Retail
Note: Annual variation of real retail sales in %.
Source: National Institute of Statistics and FocusEconomics calculations.

France Facts

ValueChangeDate
Bond Yield0.090.46 %Jun 14
Exchange Rate1.120.65 %Jun 14
Stock Market5,368-0.29 %Jun 14

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