Nominal Private Sector Final Consumption Expenditure for France

NCPNSAXDCFRQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

400,720.10

Year-over-Year Change

15.73%

Date Range

1/1/1980 - 1/1/2025

Summary

The Nominal Private Sector Final Consumption Expenditure for France measures household and nonprofit spending on consumer goods and services. It is a key indicator of domestic demand and consumer confidence in 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 economic series tracks total nominal consumer expenditures by French households and non-profit institutions. It is a broad measure of private consumption, which makes up a large portion of France's gross domestic product (GDP). Economists and policymakers analyze this data to assess the strength of consumer activity and gauge overall economic conditions.

Methodology

The data is collected and reported quarterly by the French National Institute of Statistics and Economic Studies (INSEE).

Historical Context

Policymakers use this consumption expenditure data to inform fiscal and monetary policies aimed at supporting domestic demand.

Key Facts

  • Accounts for over 50% of France's GDP.
  • Has trended upward over the past decade.
  • Experienced a sharp decline during the COVID-19 pandemic.

FAQs

Q: What does this economic trend measure?

A: The Nominal Private Sector Final Consumption Expenditure for France measures total spending by French households and non-profit institutions on consumer goods and services.

Q: Why is this trend relevant for users or analysts?

A: This consumption expenditure data is a crucial indicator of domestic demand and consumer confidence in the French economy, making it highly relevant for economists, policymakers, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected and reported quarterly by the French National Institute of Statistics and Economic Studies (INSEE).

Q: How is this trend used in economic policy?

A: Policymakers use this consumption expenditure data to inform fiscal and monetary policies aimed at supporting domestic demand and overall economic activity in France.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with a typical lag of 2-3 months after the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Nominal Private Sector Final Consumption Expenditure for France (NCPNSAXDCFRQ), retrieved from FRED.