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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
FranceFrance GDP growth (annual %) fell to 0.7 Percentage (%) in January 2023
World BankYearlyReleased January 2023
France GDP growth (annual %) fell to 0.7 Percentage (%) in January 2023, down 1.75 Percentage (%) from December's 2.45 Percentage (%) reading.
Latest Release
0.70
Latest (2023)
2.45
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| CAC 40 | ▲ Direct | +0.50 | INDEX | Bullish FR | → View |
| EUR/USD | ▲ Direct | +0.45 | FOREX | Bullish EUR | → View |
| EUR/GBP | ▲ Direct | +0.40 | FOREX | Bullish EUR | → View |
| EUR/JPY | ▲ Direct | +0.35 | FOREX | Bullish EUR | → View |
| XAU/USD | ▼ Inverse | −0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Growth (Annual %) (France) was reported at 1.19 Percent in December 2024. The reading fell from the previous value of 1.44 Percent. This is classified as a high-impact indicator released on a yearly basis.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 1.78 Percent, up from the prior three at 0.49 Percent.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with CAC 40 (Bullish FR). A secondary relationship exists with EUR/USD, positively correlated (Bullish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Consumer Confidence (May 27) and Unemployment Benefit Claims (May 27).
Auto-generated from current model state · Refreshes on each release · Last update December 2024.
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GDP growth (annual %) - FR
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About GDP growth (annual %) — France
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released annually.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with CAC 40 (Bullish FR, r=0.50) — a useful reference for index-focused traders.