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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance GDP Growth Rate YoY 1st fell to 0.8% in January 2017
FMPQuarterlyReleased April 2017
France GDP Growth Rate YoY 1st fell to 0.8% in January 2017, released April 2017, down 0.4% from December's 1.2% reading.
Latest Release
0.800000
Actual
—
Consensus
1.200000
Previous
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 Rate YoY 1st (France) was reported at 0.8% in April 2017. The reading fell from the previous value of 1.2%.
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 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 2017.
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GDP Growth Rate YoY 1st - FR
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About GDP Growth Rate YoY 1st — France
DEFINITION
Quarter The GDP Growth Rate YoY 1st Quarter is a key financial indicator that measures the annual percentage change in a country's gross domestic product (GDP) during the first quarter of the year. This indicator provides valuable insights into the overall economic performance and growth of a country, and is closely monitored by investors, policymakers, and businesses to make informed decisions. A positive YoY growth rate indicates a growing economy, while a negative rate suggests a decline.
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 2017): actual 0.8 %. Prior reading (Oct 2016): 1.1 %. Before that (Jul 2016): 1.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with CAC 40 (Bullish FR, r=0.50) — a useful reference for index-focused traders.