Exchange Rate in France
France - Exchange RateFirst-half growth came up short of expectations, moderating from last year’s snappy outturn as weak household spending restrained economic gains. Despite steady job creation, the effects of higher inflation—resulting from the rise in oil prices amidst the U.S. withdrawal from the Iran nuclear deal—and new indirect taxes ate into consumers’ purchasing power through June and contributed to this year’s deterioration in consumer sentiment. Moreover, this year’s slowdown was made more acute by the ongoing unwinding of global trade, which weighed on industrial output and broader business sentiment in the second quarter as fears over a full-blown global trade war compounded. Meanwhile, available data for the second half of the year has been a shade brighter as the economy moved past early-year weather- and strike-related setbacks. Most survey-based data ticked higher through August as firms cheered stronger homegrown demand, opening the door for a modest recovery in industrial output before year-end.
France - Exchange Rate Data
|Exchange Rate (vs USD)||1.38||1.21||1.09||1.05||1.20|
5 years of economic forecasts for more than 30 economic indicators.
France Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||0.74||0.46 %||Sep 20|
|Exchange Rate||1.18||0.65 %||Sep 20|
|Stock Market||5,452||-0.29 %||Sep 20|
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September 13, 2018
On 13 September, the Statistical Institute (INSEE) confirmed earlier estimates that consumer prices rose 0.5% from a month earlier, contrasting the 0.1% month-on-month contraction observed in July.
September 7, 2018
In seasonally-adjusted terms, industrial output rose 0.7% month-on-month in July, in line with June’s reading.
September 5, 2018
In August, the seasonally-adjusted IHS Markit Composite Purchasing Managers’ Index (PMI) rose to 54.9 from 54.4 a month earlier, signaling another solid expansion of business activity across the private sector.
August 31, 2018
According to preliminary data published by the Statistical Institute (INSEE) on 31 August, consumer prices rose 0.5% from the previous month, contrasting the 0.1% contraction observed in July.
August 28, 2018
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) remained unchanged for the third consecutive month at an almost two-year low of 97 points in August.