France EUR

France Retail Sales YoY

Impact:
Low
Source: EUROSTAT

Latest Release:

Date:
Surprise:
0.3%
Actual:
-2.9%
Forecast: -3.2%
Previous/Revision:
-2%
Period: Jan
What Does It Measure?
France Retail Sales YoY measures the annual percentage change in the total sales value of retail goods and services in France. It primarily focuses on consumer spending habits and economic health, assessing key areas such as household consumption, purchasing trends, and by extension, the overall economic activity.
Frequency
This indicator is released monthly, with data typically published on the first working day of the following month, and it reflects the final figures rather than preliminary estimates.
Why Do Traders Care?
Traders closely monitor France Retail Sales YoY as it provides valuable insights into consumer spending, which is a vital component of economic growth. Strong retail sales figures can bolster the French economy and enhance the euro’s value against other currencies, while weaker readings may lead to bearish sentiments in markets, affecting equities and other asset classes.
What Is It Derived From?
The calculation of France Retail Sales YoY is derived from the total receipts of retail businesses, including supermarkets, department stores, and online sales, aggregated by the National Institute of Statistics and Economic Studies (INSEE). The data is collected through a combination of surveys, sales reports from retailers, and statistical modeling techniques to ensure accuracy and reliability.
Description
This indicator compares retail sales data from the current year to that of the previous year, providing a year-over-year perspective that captures long-term trends while smoothing out seasonal fluctuations. This method is particularly valuable as it helps identify persistent shifts in consumer behavior and economic conditions rather than short-term volatility.
Additional Notes
France Retail Sales YoY is a coincident indicator, reflecting current economic health by closely paralleling other indicators such as GDP growth and employment rates. It also holds significance relative to indicators from other EU countries, as it impacts regional economic policies and consumer confidence.
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
-2.9%
-3.2%
-2%
0.3%
-0.5%
-4.8%
-0.6%
4.3%
-0.6%
-0.5%
0.3%
-0.1%
-0.2%
0.3%
2.9%
-0.5%
0.8%
-3.5%
0.8%
4.3%
-0.9%
0.4%
-0.8%
-1.3%
1.9%
0.1%
2%
1.8%
0.6%
2.5%
5.1%
-1.9%
3.7%
10.3%
9.7%
-6.6%
10.3%
1.3%
1.8%
9%
1.8%
3.5%
5.5%
-1.7%
4.4%
1.2%
6.6%
3.2%
3.7%
4%
0.7%
-0.3%
1.1%
16.6%
24.2%
-15.5%
22.7%
3.4%
3.8%
19.3%
4.5%
4.4%
6.1%
0.1%
5.9%
0.5%
2.3%
5.4%
-2.1%
6.5%
6%
-8.6%
7.8%
4%
5.3%
3.8%
3.6%
6.9%
10.8%
-3.3%
14.3%
25.6%
41.9%
-11.3%
42.1%
34.8%
24.9%
7.3%
21.3%
8.5%
3.9%
12.8%
1.6%
-2%
1.8%
3.6%
-4.4%
1%
7.8%
-5.4%
9.1%
-10%
-11.6%
19.1%
-15.7%
4.2%
5.2%
-19.9%
5.9%
3.6%
2.7%
2.3%
2.7%
1.8%
6.4%
0.9%
3%
6.3%
0%
-3.3%
5.8%
3.8%
3.5%
2%
5%
-6%
-3.6%
11%
-12%
-20%
-30.1%
8%
-31.1%
-24%
-13.5%
-7.1%
-16%
-9.4%
1.2%
-6.6%
3.4%
2.6%
2.6%
0.8%
2.1%
3.2%
2.5%
-1.1%
2.5%
3.6%
3.3%
-1.1%
2.6%
1.6%
1.4%
3.7%
2.6%
-2.3%
4.1%
3.2%
4.2%
0.9%
2.3%
3%
1.4%
-0.7%
2.7%
1.7%
2.3%
1%
1.3%
4.2%
2.2%
-2.9%
3%
2.7%
4%
0.3%
3.1%
1.5%
1.2%
1.6%
1.2%
3.2%
3.2%
-2%
2%
2%
2.4%
2.3%
4%
1.2%
-1.7%
3.8%
1.6%
1.5%
2.2%
1%
3%
4.8%
-2%
2.3%
4.8%
4.4%
-2.5%
3.2%
3.6%
2.3%
-0.4%
2.7%
4.4%
3.9%
-1.7%
2.5%
3%
3%
-0.5%
2.9%
5.2%
2.1%
-2.3%
2.7%
4.5%
4.3%
-1.8%
3.2%
5.1%
2.8%
-1.9%
2.9%
5.9%
2.4%
-3%
6.3%
4.5%
4.3%
1.8%
4.3%
2.5%
6.2%
1.8%
1.8%
3.6%
1%
-1.8%
2.3%
4.1%
6.3%
-1.8%
4.6%
1.1%
3.5%
3.5%
0.2%
4.1%
3.4%
-3.9%
5.3%
3.3%
2.9%
2%
3.1%
3.6%
3.2%
-0.5%
4.2%
3.7%
3.3%
0.5%
3.4%
3.4%
3.2%
3.5%
3.2%
3.5%
0.3%
2.8%
2.65%
2.4%
0.15%
2.1%
3.47%
2.2%
-1.37%
3%
2.52%
4.9%
0.48%
3.9%
1.72%
3.9%
2.18%
1.7%
4.1%
1.9%
-2.4%
1.8%
4.4%
1.2%
-2.6%
-1.5%
4.7%
1.4%
-6.2%
5.2%
4.5%
2%
0.7%
1.2%
4.2%
2.7%
-3%
2.5%
4%
3%
-1.5%
3.8%
4.09%
4.1%
-0.29%
4.6%
1.65%
4.4%
2.95%
3.5%
2.44%
3.7%
1.06%
1.9%
2.19%
2.4%
-0.29%
1.7%
2.5%
1%
-0.8%
1.1%
1.5%
2.7%
-0.4%
4%
3.52%
3.8%
0.48%
3.6%
2.62%
3.3%
0.98%
3.7%
2.63%
4.4%
1.07%
3.7%
2.8%
3.3%
0.9%
1.4%
2.84%
3%
-1.44%
1.9%
2.21%
3.2%
-0.31%
1.7%
2.59%
1.6%
-0.89%
2.1%
1.72%
3.3%
0.38%