Trade Balance in France
France - Trade BalanceA 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 - Trade Balance Data
|Trade Balance (USD billion)||-57.1||-57.1||-32.1||-36.0||-50.2|
5 years of economic forecasts for more than 30 economic indicators.
France Trade Balance Chart
Source: Bank of France.
|Bond Yield||-0.06||0.46 %||Nov 21|
|Exchange Rate||1.11||0.65 %||Nov 21|
|Stock Market||5,881||-0.29 %||Nov 21|
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December 4, 2019
The seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) eased to 52.1 in November from 52.6 in October.
November 29, 2019
The economy grew a seasonally-adjusted 0.3% quarter-on-quarter in the third quarter, landing on Consensus and matching the expansions recorded in the previous two quarters, according to a second estimate released by the French Statistical Institute (INSEE) on 29 November.
November 29, 2019
Consumer prices rose 0.1% in November, after seeing no growth in October, according to a first estimate by the Statistical Institute (INSEE).
November 27, 2019
In November, consumer sentiment in France rose to 106, after logging 104 in October according to the French Statistical Institute (INSEE).
November 22, 2019
The seasonally-adjusted IHS Markit Flash Composite Purchasing Managers’ Index (PMI) inched up to a three-month high of 52.7 in November, from 52.6 in October.