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QoQ Change in Preliminary GDP in France

Country:
FRFFrance
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About QoQ Change in Preliminary GDP in France

The preliminary Gross Domestic Product (GDP) data (quarter-on-quarter) indicates the percentage change in the total economic activity of France for a specific quarter compared to the previous quarter. This data is released quarterly by INSEE and represents initial provisional figures.

Quarter-on-quarter data helps in understanding short-term fluctuations in economic activity. An increase in GDP suggests economic expansion, reflecting improved corporate production activities and increased consumer purchasing power. Conversely, a decrease in GDP indicates economic stagnation or contraction, signaling reduced corporate production activities and consumer spending.

This data serves as a reference for policymakers to assess the health of the economy and formulate appropriate monetary and fiscal policies. Additionally, it is a crucial source of information for businesses and investors in making short-term economic forecasts.

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