Private Final Consumption Expenditure in France
FRAPFCEQDSNAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
342,275,100,000.00
Year-over-Year Change
9.24%
Date Range
1/1/1980 - 1/1/2024
Summary
The Private Final Consumption Expenditure (PFCE) in France measures the total value of goods and services purchased by French households. It is a key indicator of domestic demand and consumer confidence.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
PFCE represents the largest component of France's Gross Domestic Product (GDP), accounting for over half of economic activity. Economists and policymakers closely monitor this metric to gauge the strength of the French consumer economy.
Methodology
The data is collected by the French National Institute of Statistics and Economic Studies (INSEE) through surveys of household spending.
Historical Context
PFCE is an important input for fiscal and monetary policy decisions in France.
Key Facts
- PFCE accounts for over 50% of France's GDP.
- PFCE has grown at an average annual rate of 1.5% over the past decade.
- Consumer spending slowed during the COVID-19 pandemic but has since rebounded.
FAQs
Q: What does this economic trend measure?
A: The Private Final Consumption Expenditure (PFCE) in France measures the total value of goods and services purchased by French households.
Q: Why is this trend relevant for users or analysts?
A: PFCE is a key indicator of domestic demand and consumer confidence in the French economy, making it an important metric for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the French National Institute of Statistics and Economic Studies (INSEE) through surveys of household spending.
Q: How is this trend used in economic policy?
A: PFCE is an important input for fiscal and monetary policy decisions in France, as it reflects the strength of domestic consumer demand.
Q: Are there update delays or limitations?
A: The PFCE data is typically published on a quarterly basis with a short delay, providing timely information on the state of the French consumer economy.
Related Trends
Balance of Payments: Capital Account: Balance (Revenue Minus Expenditure) for France
FRAB6CATT00NCCUQ
Harmonized Index of Consumer Prices: Overall Index Excluding Alcohol and Tobacco for France
00XALCFRM086NEST
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 55 to 64 Years for France
LRAC55MAFRQ156N
Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for France
FRAPERMITMISMEI
Production: Manufacturing: Investment Goods: Total for France
FRAPRMNVG01IXOBSAM
Bank Z-Score for France
DDSI01FRA645NWDB
Citation
U.S. Federal Reserve, Private Final Consumption Expenditure in France (FRAPFCEQDSNAQ), retrieved from FRED.