Country Briefing: France April, 8 Dr. Edward Yardeni -97-78 eyardeni@ Debbie Johnson 8-- djohnson@ Please visit our sites at www. blog. thinking outside the box
Table Of Contents Table Of Contents Real GDP - Industrial Production - Purchasing Managers Indexes Merchandise Trade -7 Retail Sales 8 Unemployment 9 Consumer & Business Confidence Consumer Prices - Interest Rates Stock Market April, 8 / France www.
Real GDP Figure. REAL GDP: FRANCE (quarterly percent change, saar) Total (.8) Q - - - - - - -8 7 8 9 7 8 9 Household Consumption (.9) -8 Q - - - - - 8 7 8 9 7 8 9 Gross Fixed Capial Formation (.) - 8 Q - - - - -8 7 8 9 7 8 9 Source: INSEE/Haver Analytics. -8 Page / April, 8 / France www.
Real GDP Figure. REAL GDP: FRANCE (quarterly percent change, saar) Exports of Goods & Services (.) Q - - - - - 7 8 9 7 8 9 - Imports of Goods & Services (.) Q - - - - - 7 8 9 7 8 9 - Government Consumption (.) Q - 7 8 9 7 8 9 Source: INSEE/Haver Analytics. - Page / April, 8 / France www.
Figure. FRANCE: INDUSTRIAL PRODUCTION (=, sa/wda) Industrial Production Total Manufacturing 9 9 9 9 9 97 98 99 7 8 9 7 8 9 9 Figure. FRANCE: INDUSTRIAL PRODUCTION (yearly percent change) - - - Total Manufacturing - - - - - - 9 9 97 98 99 7 8 9 7 8 9 - Page / April, 8 / France www.
Figure. FRANCE: INDUSTRIAL PRODUCTION (=, sa/wda) Industrial Production Capital Goods 8 9 8 8 8 Consumer Goods Durable Goods Nondurable Goods 8 8 8 9 8 Intermediate Goods 9 8 8 9 Energy 9 9 8 8 8 8 Page / April, 8 / France www.
Figure. Purchasing Managers Indexes FRANCE: COMPOSITE OF MANUFACTURING AND NONMANUFACTURING PMIs* Mar 7 8 * An index above indicates an increase in manufacturing activity. An index below indicates a decrease in manufacturing activity. Source: Haver Analytics. Figure 7. FRANCE: MANUFACTURING & NONMANUFACTURING PMIs* M-PMI NM-PMI Mar 7 8 * An index above indicates an increase in manufacturing activity. An index below indicates a decrease in manufacturing activity. Source: Haver Analytics. Page / April, 8 / France www.
Figure 8. FRANCE: MERCHANDISE TRADE (billion euros, sa) Balance Merchandise Trade - - - 8 8 8 - Exports Imports 8 8 (yearly percent change) Exports Imports - - - - 8 8 Source: Haver Analytics. - - Page / April, 8 / France www.
7 Figure 9. FRANCE: MERCHANDISE TRADE WITH EUROPEAN UNION (EU7) COUNTRIES (billion euros, sa) Merchandise Trade Exports Imports 7 8 8 8 8 Source: Haver Analytics. 8 Figure. FRANCE: MERCHANDISE TRADE WITH NON-EUROPEAN UNION (EU7) COUNTRIES (billion euros, sa) 8 Exports Imports 8 8 8 8 Source: Haver Analytics Page 7 / April, 8 / France www.
Retail Sales Figure. FRANCE: RETAIL SALES EX MOTOR VEHICLES (=, sa) 9 9 8 8 7 8 8 Source: Istituto Nazionale di Statistica. 7 Figure. FRANCE: RETAIL SALES EX MOTOR VEHICLES (yearly percent change) 9 9-8 8 - Page 8 / April, 8 / France www.
.. Figure. FRANCE: UNEMPLOYMENT RATE (percent) Unemployment.... 9. 9. 9. Q 9. 8. 8. 8. 8. 7. 7. 7. 8 8 7..9.. Figure. FRANCE: REGISTERED UNEMPLOYED (millions, sa) Feb.9.....7.7.....8 8 8.8 Page 9 / April, 8 / France www.
Figure. Consumer & Business Confidence FRANCE: CONSUMER CONFIDENCE (long-term average=, sa) Mar 9 9 8 8 7 8 8 7 Figure. FRANCE: BUSINESS CLIMATE INDICATOR (sa) Mar 9 9 8 8 7 7 8 8 Page / April, 8 / France www.
Figure 7. FRANCE: CONSUMER PRICE INDEX (yearly percent change) Total Consumer Prices Feb - 8 8 - Excluding Tobacco Feb - 8 8 - Tobacco Mar - 8 8 - Page / April, 8 / France www.
9 Figure 8. FRANCE: CONSUMER PRICE INDEX (yearly percent change) Consumer Prices 9 Food Mar - 8 8 - Manufactured Goods - Mar - - 8 8 Energy Feb 8 8 - Services Mar 8 8 Page / April, 8 / France www.
Figure 9. FRANCE: ECB REFINANCING RATE (daily, percent) Interest Rates / - 7 8 9 7 8 9 FRANCE: -MONTH T-BILL RATE (daily, percent) - - /9 - - 7 8 9 7 8 9 FRANCE: -YEAR GOVERNMENT BOND YIELD (daily, percent) - / 7 8 9 7 8 9 Source: Haver Analytics. Page / April, 8 / France www.
7 Figure. FRANCE: STOCK PRICE INDEX (CAC ) Stock Market 7 7 7 7 / 7 7 7 7 7 8 9 7 8 9 Source: Reuters America, Inc. 7 Page / April, 8 / France www.
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