France EUR

France GDP Growth Rate YoY Final

Impact:
High
Source: INSEE, France

Latest Release:

Date:
Big Surprise:
-0.2%
| EUR
Actual:
0.6%
Forecast: 0.8%
Previous/Revision:
0.8%
Period: Q1

Next Release:

Date:
Period: Q2
What Does It Measure?
The GDP Growth Rate YoY Final measures the percentage change in the gross domestic product (GDP) of France compared to the same period in the previous year, explicitly capturing the nation's economic performance over a 12-month interval. This indicator focuses on overall economic growth, assessing components such as consumer spending, business investment, government expenditure, and net exports.
Frequency
This event is released quarterly, with the final figures generally available about 30 days after the end of the quarter, providing a more accurate portrayal of economic performance after preliminary estimates.
Why Do Traders Care?
Traders closely monitor the GDP Growth Rate as it directly impacts economic forecasts and the financial markets, influencing investment decisions across currencies, stocks, and bonds. A stronger-than-expected GDP growth rate is often bullish for the Euro, suggesting a robust economy, while weaker figures may lead to bearish sentiment in equities and increased caution in bond markets.
What Is It Derived From?
The GDP Growth Rate is derived from comprehensive national accounts data collected by France's National Institute of Statistics and Economic Studies (INSEE), which includes input from various sectors such as households, businesses, and government agencies. The calculation utilizes detailed production, income, and expenditure data, following established international standards for national accounting.
Description
The GDP Growth Rate YoY Final report reflects the comprehensive recalculation of the initial estimates made earlier in the quarter, offering a clearer and more refined view of the economic landscape. It serves to highlight long-term growth trends while mitigating seasonal effects and short-term fluctuations often seen in the economy.
Additional Notes
This indicator is considered a lagging economic measure, providing retrospective insights into economic growth following other leading indicators such as consumer confidence or business investment trends. Furthermore, it plays a critical role in comparing economic performance with other European countries, contributing to broader economic assessments within the European Union.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for EUR, Bullish for Stocks. Lower than expected: Bearish for EUR, Bearish 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 Time Actual Forecast Previous Surprise
0.6%
0.8%
0.8%
-0.2%
0.6%
0.7%
1.2%
-0.1%
1.2%
1.3%
0.9%
-0.1%
1%
1.1%
1.5%
-0.1%
1.1%
1.1%
0.8%
0.7%
0.7%
0.6%
0.6%
0.7%
1.2%
-0.1%
1%
0.9%
0.8%
0.1%
0.9%
0.8%
0.6%
0.1%
0.5%
0.5%
1%
1%
1%
4.2%
4.2%
4.2%
4.8%
4.5%
5.3%
4.9%
-0.8%
5.4%
5.4%
3.5%
1.1%
1%
1.2%
0.1%
1.1%
1.1%
0.9%
1%
1.1%
1.3%
-0.1%
1.3%
1.4%
1.4%
-0.1%
1.3%
1.3%
1.4%
1.4%
1.4%
1.1%
1.4%
1.5%
1.1%
-0.1%
1.1%
1.2%
1.1%
-0.1%
1.1%
1%
0.9%
0.1%
0.8%
0.7%
0%
0.1%