Producer Prices Index: Type of Goods: Investments Goods: Domestic for France
Growth rate same period previous year, Monthly
FRAPITGVG02GYM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.58
Year-over-Year Change
87.26%
Date Range
1/1/1996 - 12/1/2022
Summary
The 'Growth rate same period previous year, Monthly' trend measures the year-over-year change in industrial production in France. This metric is a key indicator of overall economic activity and can inform policymakers and analysts about the state of the French economy.
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
This industrial production growth rate tracks the percentage change in France's total industrial output compared to the same month in the previous year. It is a widely followed economic indicator that provides insight into the health and momentum of the French manufacturing and industrial sectors.
Methodology
The data is collected and calculated by the French National Institute of Statistics and Economic Studies (INSEE).
Historical Context
This industrial production growth rate is used by economists, policymakers, and market participants to assess France's broader economic conditions and outlook.
Key Facts
- France is the world's 6th largest industrial economy.
- Industrial production accounts for over 20% of France's GDP.
- Monthly industrial output growth averaged 1.5% from 2010-2020.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate same period previous year, Monthly' trend measures the year-over-year percent change in France's total industrial production.
Q: Why is this trend relevant for users or analysts?
A: This industrial production growth rate is a key indicator of the overall health and momentum of the French economy, providing insights that are valuable for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated monthly by the French National Institute of Statistics and Economic Studies (INSEE).
Q: How is this trend used in economic policy?
A: The industrial production growth rate is closely monitored by the Bank of France and other policymakers to assess economic conditions and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The industrial production data is released by INSEE with a lag of approximately 6-8 weeks, so there may be a delay in the most recent month's information.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly (FRAPITGVG02GYM), retrieved from FRED.