Economic dashboard

Key figures
Paru le : Paru le 26/05/2023
- May 2023

National key indicators

National key indicators
National key indicators Update date Value date Value Tendency / previous period Reference period
Economic growth 1st quarter 2023 +0,2 % Q/(Q-1) 28/04/2023
Consumption March 2023 44,9 billion euros M/(M-1) 28/04/2023
Household confidence May 2023 83 M-(M-1) 26/05/2023
Payroll employment 1st quarter 2023 21 076 thousands Q/(Q-1) 05/05/2023
Unemployment rate 1st quarter 2023 7,1 % Q/(Q-1) 17/05/2023
Consumer prices April 2023 +5,9 % Year-on-year change M/(M-12) 12/05/2023
Manufacturing output March 2023 –1,1 % M/(M–1) 05/05/2023
Production capacities 2nd quarter 2023 81,5 % Q/(Q–1) 20/04/2023
Labour cost 4th quarter 2022 +4,7 % Year-on-year change Q/(Q–4) 17/03/2023
Business climate
All sectors May 2023 100 M-(M–1) 25/05/2023
Manufacturing industry May 2023 99 M-(M–1) 25/05/2023
Services May 2023 101 M-(M–1) 25/05/2023
Building industry May 2023 108 M-(M–1) 25/05/2023
Retail trade May 2023 100 M-(M–1) 25/05/2023
Wholesale trade 3rd two-month 2023 94 M-(M–2) 25/05/2023

GDP increased moderately in Q1 2023 (+0.2%)

Gross domestic product and its components

  • Source: INSEE
Value date GDP growth Q/(Q–1) Next publication
1st quarter 2023 +0,4 % +0,2 % 31 May 2023

In March 2023, household consumption of goods decreased again (-1.3%)

Consumption

  • Source: INSEE
Value date M/(M–1) Year-on-year change M/(M–12) Next publication
March 2023 –1,3 % –4,2 % 31 May 2023

In May 2023, household confidence is stable

Household confidence

  • Source: INSEE
Value date Value M-(M–1) in points Next publication
May 2023 83 +0 28 June 2023

In Q1 2023, private payroll employment increased by 0.2% (flash estimate)

Payroll employment

  • Source: INSEE
Value date Q/(Q–1) Year-on-year change Q/(Q–4) Next publication
1st quarter 2023 +0,2 % +1,3 % 08 June 2023

In Q1 2023, the unemployment rate was stable at 7.1%

Persons employed in the sense of the ILO

  • Source: INSEE
Value date Value (France) Q/(Q–1) in points Next publication
1st quarter 2023 7,1 % +0,0 11 August 2023

In April 2023, consumer prices increased by 0.6% over one month and by 5.9% year on year

Consumer price index

  • Field: France
  • Source: INSEE
Value date M/(M–1) Year-on-year change M/(M–12) Next publication
April 2023 +0,6 % +5,9 % 31 May 2023

In March 2023, manufacturing output fell back (‑1.1%)

Manufacturing output index

  • Source: INSEE
Value date M/(M–1) Year-on-year change M/(M–12) Next publication
March 2023 –1,1 % +0,7 % 02 June 2023

In April 2023, manufacturers have expected less dynamism in their demand and selling prices

Production capacities

  • Source: INSEE
Value date Value Q/(Q–1) in points Next publication
2nd quarter 2023 81,5 % +0,3 20 July 2023

In Q4 2022, labour cost index – wages and salaries increased by 2.0%, total labour cost index by 1.4%

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 %

In May 2023, the business climate in France and the employment climate have darkened again

Business climate

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
May 2023 100 –2 22 June 2023

In May 2023, the business climate in manufacturing industry has degraded again and has gone back just below its long-term average

Manufacturing industry

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
May 2023 99 –2 22 June 2023

In May 2023, the business climate has deteriorated again in services

Services

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
May 2023 101 –2 22 June 2023

In May 2023, the business climate in the building construction has darkened significantly

Building industry

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
May 2023 108 –2 22 June 2023

In May 2023, the business climate in retail trade and in trade and repair of motor vehicles as a whole has slightly deteriorated

Retail trade

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–1) in points Next publication
May 2023 100 –1 22 June 2023

In May 2023, the business climate has deteriorated sharply in wholesale trade

Wholesale trade

  • Field: Metropolitan France
  • Source: INSEE
Value date Value M-(M–2) in points Next publication
3rd two-month 2023 94 –5 20 July 2023