France GDP Growth Rate YoY Prel

Info

History

Chart

Impact:

High

Source: INSEE, France

Latest Release:

Date:

Surprise:

0.1%

EUR

Actual:

0.8%

Forecast: 0.7%

Previous/Revision:

0.8%

Period: Q1

Next Release:

Date:

Period: Q2

What Does It Measure?

The France GDP Growth Rate Year-on-Year Preliminary measures the economic growth of France by calculating the percentage change in the Gross Domestic Product over the last year. It focuses on the overall health of the economy, assessing production, consumption, investment, and net exports, making it a crucial indicator of economic performance.

Frequency

This report is released quarterly and provides preliminary estimates, typically published about one month after the end of the quarter being reported.

Why Do Traders Care?

Traders closely monitor the GDP growth rate as it directly influences economic forecasts and investment decisions; stronger-than-expected growth is often bullish for the euro and equities, while lower-than-expected results may have bearish implications for financial markets. Its timely release plays a critical role in shaping market sentiment regarding monetary policy and overall economic stability.

What Is It Derived From?

The GDP growth rate is derived from national accounts and economic activity data provided by various responding sectors, including industry, services, and trade. It uses comprehensive data collection methodologies, such as expenditure approach calculations, to aggregate the economic output based on various components contributing to GDP.

Description

Preliminary reports are based on early estimates that may be subject to revisions, while the final figures provide a more accurate reflection of economic performance. This report typically utilizes a Year-on-Year (YoY) reporting method, comparing growth to the same period from the previous year, which helps eliminate seasonal variations and provides a clear view of long-term growth trends.

Additional Notes

The GDP growth rate serves as a coincident economic measure, reflecting the current state of the economy, and is often compared to other indicators like unemployment rates and inflation. It is significant in the context of broader European economic trends and may also influence policies across the Eurozone.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for Euro, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Apr 30, 2025	0.8%	0.7%	0.8%	0.1%
Jan 30, 2025	0.7%	1.1%	1.2%	-0.4%
Oct 30, 2024	1.3%	0.7%	1%	0.6%
Jul 30, 2024	1.1%	0.8%	1.5%	0.3%
Apr 30, 2024	1.1%	0.9%	0.8%	0.2%
Jan 30, 2024	0.7%	0.2%	0.6%	0.5%
Oct 31, 2023	0.7%	0.7%	1.1%
Jul 28, 2023	0.9%	1%	0.9%	-0.1%
Apr 28, 2023	0.8%	0.3%	0.4%	0.5%
Jan 31, 2023	0.5%	0.5%	1%
Oct 28, 2022	1%	1%	4.2%
Jul 29, 2022	4.2%	4%	4.8%	0.2%
Apr 29, 2022	5.3%	2.3%	5.5%	3%
Jan 28, 2022	5.4%	4.2%	3.5%	1.2%
Jan 29, 2016	1.5%	1.2%	1.1%	0.3%
Nov 13, 2015	1.2%	1.1%	1.1%	0.1%
Aug 14, 2015	1%	0.7%	0.8%	0.3%
May 13, 2015	0.7%	0.06%	0.2%	0.64%