France EUR

France Christmas

Impact:
Low

Latest Release:

Date:
Actual:
 
Forecast:
Previous/Revision:  
Period:
What Does It Measure?
The France Christmas shopping season measures consumer spending and retail performance during the holiday period, specifically assessing the retail sales volume and value across various categories such as apparel, electronics, and food. This event focuses on the overall economic health of the retail sector, providing insights into consumer confidence, purchasing behavior, and seasonal trends.
Frequency
This economic indicator is reported annually, typically released in early January to reflect the sales performance from late November through December, encompassing both preliminary estimates and final figures.
Why Do Traders Care?
Traders monitor the Christmas shopping season in France as it significantly influences economic forecasts, consumer confidence indexes, and subsequent economic indicators. Strong performance can lead to bullish sentiment in retail stocks and positively affect the euro, while weaker-than-expected sales can depress market expectations for economic growth.
What Is It Derived From?
The data is derived from various retail surveys and sales reports conducted by national statistics agencies, which compile sales figures from a wide range of retailers and sectors. These figures are often weighted by sales volume to ensure representation and accuracy in reflecting overall consumer spending trends.
Description
The Christmas shopping season provides insights into consumer behavior and economic health, as retailers often report increased sales volumes due to promotional events and holiday shopping. This period serves as a barometer for overall retail health and consumer sentiment, reflecting broader economic trends leading into the new year and impacting future economic forecasts.
Additional Notes
The Christmas shopping period is considered a coincident indicator, closely aligning with broader economic trends such as GDP growth and employment rates. This event often serves as a comparison point to prior years, allowing analysts to assess economic recovery or decline, with implications for global economic health as consumer trends in France can influence European market dynamics.

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