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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance GDP Growth Rate QoQ 1st held to 0.3% in Q1 2019
FMPQuarterlyReleased April 2019
France GDP Growth Rate QoQ 1st held to 0.3% in Q1 2019, released April 2019. The reading matched the 0.3% consensus. The print is running well below the 12-month average of 0.35%. GDP Growth Rate QoQ 1st is now the lowest in 6 months.
Latest Release
0.3
Actual
0.3
Consensus
0.3
Previous
Median Absolute Error
±0.1 percentage points
across last 12 releases
Last Call
Apr 2019
Predicted: 0.4
Actual: 0.3
Error: +0.1
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 Rate QoQ 1st (France) was reported at 0.3% in April 2019. This matched the market consensus of 0.3% exactly. The reading was unchanged from the previous release.
WHY IT MATTERS
The trailing three releases averaged 0.33%, down from the prior three at 0.37%.
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). Over the last 12 releases, the Sigmacast model's median absolute error is 0.1%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Business Confidence (Jun 23) and S&P Global Manufacturing PMI (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update April 2019.
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GDP Growth Rate QoQ 1st - FR
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About GDP Growth Rate QoQ 1st — France
DEFINITION
The GDP Growth Rate QoQ 1st is a key financial indicator that measures the quarterly change in a country's gross domestic product (GDP). It provides valuable insights into the overall economic performance and growth of a nation, serving as an important tool for investors, policymakers, and businesses to make informed decisions. This indicator is calculated by comparing the current quarter's GDP to the previous quarter's GDP, and a positive growth rate indicates a healthy and expanding economy.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2019): actual 0.3 %, consensus 0.3 %. Prior reading (Oct 2018): 0.3 %. Before that (Jul 2018): 0.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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.