Economic dashboard

Key figures
Paru le :Paru le26/07/2024
- July 2024

National key indicators

National key indicators
National key indicators Update date Value date Value Tendency / previous period Reference period
Economic growth 1st quarter 2024 +0,2 % Q/(Q-1) 30/04/2024
Consumption March 2024 45,9 billion euros M/(M-1) 30/04/2024
Household confidence July 2024 91 M-(M-1) 26/07/2024
Payroll employment 1st quarter 2024 21 163 thousands Q/(Q-1) 31/05/2024
Unemployment rate 1st quarter 2024 7,5 % Q/(Q-1) 17/05/2024
Consumer prices June 2024 +2,2 % Year-on-year change M/(M-12) 12/07/2024
Manufacturing output December 2023 +1,2 % M/(M–1) 02/02/2024
Production capacities 3rd quarter 2024 80,9 % Q/(Q–1) 25/07/2024
Labour cost 4th quarter 2022 +4,7 % Year-on-year change Q/(Q–4) 17/03/2023
Business climate
All sectors July 2024 94 M-(M–1) 25/07/2024
Manufacturing industry July 2024 96 M-(M–1) 25/07/2024
Services July 2024 95 M-(M–1) 25/07/2024
Building industry July 2024 99 M-(M–1) 25/07/2024
Retail trade July 2024 94 M-(M–1) 25/07/2024
Wholesale trade 4th two-month 2024 92 M-(M–2) 25/07/2024

In Q1 2024, GDP increased (+0.2%) and household purchasing power rose (+0.5% per consumption unit)

Gross domestic product and its components

  • Source: INSEE
Value date GDP growth Q/(Q–1) Next publication
1st quarter 2024 +0,5 % +0,2 % 30 July 2024

Household consumption of goods rebounded in May 2024 (+1.5%)

Consumption

  • Source: INSEE
Value date M/(M–1) Year-on-year change M/(M–12) Next publication
March 2024 +0,4 % +0,5 % 30 July 2024

In July 2024, household confidence has slightly increased

Household confidence

  • Source: INSEE
Value date Value M-(M–1) in points Next publication
July 2024 91 +1 28 August 2024

In Q1 2024, payroll employment rose by 0.3%

Payroll employment

  • Source: INSEE
Value date Q/(Q–1) Year-on-year change Q/(Q–4) Next publication
1st quarter 2024 +0,3 % +0,6 % 06 August 2024

In Q1 2024, the unemployment rate was stable at 7.5%

Persons employed in the sense of the ILO

  • Source: INSEE
Value date Value (France) Q/(Q–1) in points Next publication
1st quarter 2024 7,5 % +0,0 09 August 2024

In June 2024, consumer prices increased by 0.1% over one month and by 2.2% year on year

Consumer price index

  • Field: France
  • Source: INSEE
Value date M/(M–1) Year-on-year change M/(M–12) Next publication
June 2024 +0,1 % +2,2 % 31 July 2024

In May 2024, manufacturing output decreased sharply (‑2.7%)

Manufacturing output index

  • Source: INSEE
Value date M/(M–1) Year-on-year change M/(M–12) Next publication
December 2023 +1,2 % +0,9 % 02 August 2024

In July 2024, the foreign demand has weakened, according to the business leaders in the manufacturing industry

Production capacities

  • Source: INSEE
Value date Value Q/(Q–1) in points Next publication
3rd quarter 2024 80,9 % +0,4

In Q1 2024, hourly wages increased by 2.9% over a year, hourly costs by 3.0%

Labour cost

  • Source: INSEE
Value date Q/(Q–1) Year-on-year change Q/(Q–4) Next publication
4th quarter 2022 +0,7 % +4,7 % 13 September 2024

In July 2024, the business climate in France has deteriorated strongly

Business climate

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
July 2024 94 –5 23 August 2024

In July 2024, the business climate in manufacturing industry has sharply darkened

Manufacturing industry

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
July 2024 96 –3 23 August 2024

In July 2024, the business climate in services has darkened very sharply

Services

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
July 2024 95 –6 23 August 2024

In July 2024, the business climate in the building construction has darkened again

Building industry

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
July 2024 99 –1 23 August 2024

In July 2024, the business climate has sharply deteriorated in retail trade and in trade and repair of motor vehicles

Retail trade

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
July 2024 94 –6 23 August 2024

In July 2024, the business climate has deteriorated in wholesale trade

Wholesale trade

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–2) in points Next publication
4th two-month 2024 92 –3 20 September 2024