Trade Balance in France
France - Trade Balance (Euros)Fourth-quarter growth was modest but stable from a quarter earlier, landing roughly in line with analysts’ expectations. Domestic demand was rocked by last year’s ‘gilets jaunes’ protests; household spending stalled amid the demonstrations, while fixed-capital spending was hit by a drop-off in household investment. Notably, corporate investment was up despite growing uncertainty. External demand, on the other hand, was upbeat and helped offset the squabbles at home. Particularly, export growth jumped on the euro’s weakness against the dollar. Looking ahead, consumer confidence recovered somewhat at the outset of the current quarter. Business confidence, however, has been more downbeat on the industrial sector’s pullback. In politics, President Emmanuel Macron’s ‘grand debate’ put him back on the front foot in recent weeks and appears to have salvaged, for now, his sorely-needed economic reforms.
France - Trade Balance (EUR) Data
|Trade Balance (EUR billion)||-43.0||-42.7||-28.9||-34.5||-48.2|
5 years of economic forecasts for more than 30 economic indicators.
France Trade Balance (EUR) Chart
Source: Bank of France.
|Bond Yield||0.40||0.46 %||Mar 11|
|Exchange Rate||1.12||0.65 %||Mar 11|
|Stock Market||5,266||-0.29 %||Mar 11|
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February 26, 2019
Consumer confidence continued its recovery in February, according to the consumer confidence survey published by the National Institute of Statistics and Economic Studies (INSEE), which climbed 3 points from January to land at 95 points.
February 25, 2019
In February, the National Institute of Statistics and Economic Studies’ (INSEE) business-climate indicator for the manufacturing sector was stable from a month earlier at 103 points.
February 21, 2019
On 21 February, the Statistical Institute (INSEE) reported that consumer prices fell 0.4% from a month earlier in January (December: +0.0% month-on-month).
February 8, 2019
In seasonally-adjusted terms, industrial output expanded 0.8% in December, contrasting a revised 1.5% month-on-month contraction in November (previously reported: -1.3% month-on-month s.a.).
February 5, 2019
In January, the seasonally-adjusted IHS Markit Composite Purchasing Managers’ Index (PMI) fell to 48.2 from 48.7 a month earlier, landing below the 50.0-point threshold and signaling a contraction in private-sector activity. January’s reading reflected weaker services-sector activity, although it was unclear whether these disruptions were brought on by the ‘gilets jaunes’ protests.