Trade Balance in France
France - Trade BalanceA second release confirmed that GDP expanded at a solid rate in the third quarter, largely on accelerating household spending growth. Turning to Q4, available indicators suggest that activity has continued to grow, albeit at a softer pace. Although the unemployment rate fell for the fifth month running in October, consumer sentiment sank into pessimistic territory in October–November, spelling trouble for household spending. That said, a different story has unfolded in private sector activity, as suggested by rebounding industrial output at the outset of Q4 and rising business confidence on average in the quarter. However, PMI readings highlight that the services sector has been the main driving force in Q4 as ongoing supply disruptions have weighed on manufacturing activity. On the pandemic front, surging numbers of Covid-19 cases from mid-November could lead to new restrictions, boding ill for activity ahead.
France - Trade Balance Data
|Trade Balance (USD billion)||-32.1||-36.0||-51.3||-57.5||-52.5|
5 years of economic forecasts for more than 30 economic indicators.
France Trade Balance Chart
Source: Bank of France.
|Bond Yield||0.08||0.46 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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January 14, 2022
Consumer prices rose 0.22% from the previous month in December, below November's 0.36% rise.
January 7, 2022
Industrial production fell 0.4% month-on-month in seasonally-adjusted terms in November (October: +0.9% s.a.
January 5, 2022
Consumer confidence came in at 99.8 in December, up from November's 98.4.
January 4, 2022
According to a flash estimate, consumer prices increased 0.22% in December over the previous month, slowing down from the 0.36% increase recorded in November.
December 16, 2021
Business confidence rose to 111.3 in December from November's 109.5.