France EUR

France PPI YoY

Impact:
Low
Source: INSEE, France

Latest Release:

Date:
Surprise:
-3.7%
Actual:
-0.8%
Forecast: 2.9%
Previous/Revision:
-0.2%
Period: Apr

Next Release:

Date:
Period: May
What Does It Measure?
The Producer Price Index (PPI) Year-over-Year (YoY) for France measures the average change over time in the selling prices received by domestic producers for their output. It focuses primarily on inflationary pressures within the production sector, assessing key areas such as production costs, input prices, and overall pricing trends, serving as an indicator of inflation.
Frequency
The PPI for France is released monthly, typically presented as a preliminary estimate that is subject to later revisions, with the release occurring around the 6th to 10th of the month following the reference period.
Why Do Traders Care?
Traders closely monitor the PPI as it is a key indicator of inflationary trends that can influence monetary policy and ultimately the broader economy. Higher-than-expected PPI readings tend to strengthen the euro and boost stock prices, as they indicate increased production costs that can lead to higher consumer prices, while lower figures may have the opposite effect.
What Is It Derived From?
The PPI is derived from a broad survey of industrial firms in France, which report on their selling prices across various sectors. The data is compiled through systematic collection methods and is often represented as a diffusion index, capturing price movements and weighting them by industry significance.
Description
The PPI YoY specifically compares the current prices against the same month in the previous year, capturing long-term price trends and effectively filtering out seasonal fluctuations. This method allows for a more comprehensive understanding of inflation's trajectory, making it a vital tool for economists and policy makers in assessing price stability.
Additional Notes
The PPI serves as a leading indicator, often hinting at future consumer price changes (CPI), thus providing insights into broader inflationary trends. It is closely watched not only in France but also in comparison to PPI figures from other Eurozone countries, reinforcing its relevance in regional economic assessments.
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
-0.8%
2.9%
-0.2%
-3.7%
-0.6%
-0.4%
-1.2%
-0.2%
-1.4%
-0.1%
-2.2%
-1.3%
-2.1%
-2.4%
-3.8%
0.3%
-3.8%
-4.3%
-4.7%
0.5%
-5.2%
-8%
-6%
2.8%
-5.7%
-6.8%
-6.9%
1.1%
-7%
-7%
-6.3%
-6.3%
-6.4%
-5.7%
0.1%
-5.4%
-5.5%
-5.9%
0.1%
-6%
2.2%
-6.7%
-8.2%
-6.7%
-6.1%
-6.7%
-0.6%
-6.8%
-3.5%
8.3%
-3.3%
-7.5%
-7.7%
-5.5%
0.2%
-5.5%
-4.4%
-4.9%
-1.1%
-5.1%
-3.3%
-1.3%
-1.8%
-0.9%
-0.5%
0.3%
-0.4%
0.3%
-1.7%
-1.4%
2%
-1.2%
-1.2%
-1.5%
-1.7%
-1.9%
-1.4%
0.2%
-1.3%
-1.4%
0.9%
0.1%
0.9%
1.5%
3.1%
-0.6%
3%
3.7%
5.6%
-0.7%
5.8%
4.9%
7%
0.9%
7%
13.4%
12.8%
-6.4%
12.9%
13%
15.8%
-0.1%
15.7%
15%
17.6%
0.7%
17.9%
19.7%
20.5%
-1.8%
20.7%
19.6%
20.9%
1.1%
21.5%
20.3%
24.7%
1.2%
24.7%
26.5%
28.7%
-1.8%
28.5%
30.8%
29.5%
-2.3%
29.5%
26.7%
27.2%
2.8%
27.2%
26.9%
27.2%
0.3%
27%
28.1%
27.1%
-1.1%
27.3%
30%
27.9%
-2.7%
27.8%
29.4%
26.5%
-1.6%
26.5%
25.6%
22.4%
0.9%
22.4%
23.2%
22.4%
-0.8%
22.2%
17.8%
18%
4.4%
17.7%
17.9%
17.9%
-0.2%
17.4%
14.4%
15.2%
3%
14.9%
12.9%
11.6%
2%
11.6%
10.3%
10%
1.3%
10%
9.3%
9%
0.7%
8.6%
7.7%
7.6%
0.9%
7.5%
6.8%
7.2%
0.7%
7.2%
7.9%
6.7%
-0.7%
7.3%
8%
4.6%
-0.7%