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France EUR

France GDP Growth Rate QoQ Final

Impact:
High
Source: INSEE, France

Latest Release:

Date:
Actual:
0.1%
Forecast: 0.1%
Previous/Revision:
-0.1%
Period: Q1

Next Release:

Date:
Period: Q2
What Does It Measure?
The France GDP Growth Rate measures the change in the economic output of France, quantifying the increase or decrease in gross domestic product over a specified quarter. This indicator primarily assesses production levels and overall economic health, focusing on consumer spending, business investment, and government expenditure, with a crucial benchmark that indicates expansion if above 0% (indicating growth) and contraction if below 0%.
Frequency
The GDP Growth Rate in France is released quarterly and is typically published around six weeks after the end of the quarter as a final figure, after initial estimates have been revised for accuracy.
Why Do Traders Care?
Traders closely monitor the GDP Growth Rate because it is a key indicator of economic performance, impacting various financial markets, including currencies like the EUR and equities. A higher-than-expected GDP growth rate is usually bullish for the euro and stocks, while lower-than-expected results may have a bearish impact as they suggest economic slowdown.
What Is It Derived From?
The GDP Growth Rate is derived from a comprehensive aggregation of national accounts data, including consumer spending, business investment, government spending, and net exports. Data is collected from a wide array of sources, including surveys of businesses and households, which are then adjusted for inflation to reflect real GDP changes.
Description
The preliminary GDP Growth Rate, released soon after the end of each quarter, is based on early estimates that may involve assumptions and approximations, making it subject to revision. In contrast, the final GDP Growth Rate released later provides a more detailed and accurate representation of economic activity, typically resulting in greater market reaction at the preliminary release due to its timely information.
Additional Notes
The GDP Growth Rate serves as a coincident economic indicator, reflecting the current state of economic activity nearly in real-time. It is often compared with other relevant indicators such as the unemployment rate and consumer confidence index, providing insights into economic trends and domestic fiscal policy implications.

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 Time Actual Forecast Previous Surprise
0.1%
0.1%
-0.1%
-0.1%
-0.1%
0.4%
0.4%
0.4%
0.2%
0.2%
0.3%
0.3%
-0.1%
0.2%
0.2%
0.1%
0.1%
0%
0%
0.1%
-0.1%
0.1%
0.6%
-0.2%
0.5%
0.5%
0%
0.2%
0.2%
0%
0.1%
0.1%
0.2%
0.2%
0.2%
0.5%
0.5%
0.5%
-0.2%
-0.2%
0%
0.4%
-0.2%
0.7%
0.7%
3.1%
3%
3%
1.3%
1.1%
0.9%
0%
0.2%
-0.1%
0.4%
-1.5%
-0.5%
-1.4%
-1.3%
18.7%
-0.1%
18.7%
18.2%
-13.8%
0.5%
-13.8%
-13.8%
-5.9%
-5.3%
-5.8%
-0.1%
0.5%
-0.1%
-0.1%
0.3%
0.3%
0.3%
0.3%
0.3%
0.2%
0.3%
0.1%
0.3%
0.2%
0.4%
0.1%
0.3%
0.3%
0.3%
0.3%
0.4%
0.2%
-0.1%
0.2%
0.2%
0.2%
0.2%
0.2%
0.7%
0.7%
0.6%
0.5%
0.1%
0.6%
0.5%
0.6%
0.1%
0.5%
0.5%
0.5%
0.5%
0.4%
0.5%
0.1%
0.4%
0.4%
0.2%
0.2%
0.2%
-0.1%
-0.1%
0%
0.7%
-0.1%
0.6%
0.6%
0.4%
0.3%
0.3%
0.4%
0.3%
0.2%
0.3%
0.1%
0.3%
0.3%
0%
0%
0%
0.7%
0.6%
0.6%
0.1%