Trade Balance in France
France - Trade Balance (Euros)Although fourth-quarter economic growth was undoubtedly bruised by last year’s ‘gilets jaunes’ protests, President Emmanuel Macron’s late-year concessions—including raising the minimum wage and cutting some taxes—appeared to contain the political crisis. Despite an improving labor market, consumer confidence plummeted in December amid the demonstrations. Retailers suffered in tandem, with the protests diverting crucial holiday-shopping sales. Moreover, industrial output fell sharply in November; although it ought to have been a one-off, it left the manufacturing sector reeling, nonetheless. In contrast, domestic demand appeared to be carried through year-end by fixed investment, which likely came away unscathed amid tight industrial capacity and despite flailing optimism among manufacturers. Exports, meanwhile, also look to have held up in recent months despite the relative strength of the euro.
France - Trade Balance (EUR) Data
|Trade Balance (EUR billion)||-43.0||-42.7||-28.9||-34.5||-48.2|
5 years of economic forecasts for more than 30 economic indicators.
France Trade Balance (EUR) Chart
Source: Bank of France.
|Bond Yield||0.54||0.46 %||Feb 19|
|Exchange Rate||1.13||0.65 %||Feb 19|
|Stock Market||5,161||-0.29 %||Feb 19|
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February 8, 2019
In seasonally-adjusted terms, industrial output expanded 0.8% in December, contrasting a revised 1.5% month-on-month contraction in November (previously reported: -1.3% month-on-month s.a.).
February 5, 2019
In January, the seasonally-adjusted IHS Markit Composite Purchasing Managers’ Index (PMI) fell to 48.2 from 48.7 a month earlier, landing below the 50.0-point threshold and signaling a contraction in private-sector activity. January’s reading reflected weaker services-sector activity, although it was unclear whether these disruptions were brought on by the ‘gilets jaunes’ protests.
January 31, 2019
On 31 January, the Statistical Institute (INSEE) reported that consumer prices fell 0.5% from a month earlier in January (December: +0.0% month-on-month).
January 30, 2019
France’s economy grew 0.3% quarter-on-quarter and on a seasonally-adjusted basis in the fourth quarter of last year, according to a first estimate released by the Statistical Institute (INSEE).
January 29, 2019
Consumer confidence rebounded in January, according to the consumer confidence survey published by the National Institute of Statistics and Economic Studies (INSEE), which climbed 5 points from December’s four-year low to land at 91 points.