Real Private Sector Final Consumption Expenditure for France
NCPRSAXDCFRQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
315,859.76
Year-over-Year Change
3.43%
Date Range
1/1/1980 - 1/1/2025
Summary
This economic indicator measures the inflation-adjusted final consumption expenditure by France's private sector, providing insight into consumer demand and economic growth.
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
Real Private Sector Final Consumption Expenditure for France tracks the volume of goods and services purchased by French households and non-profit institutions, adjusted for inflation. It is a key measure of consumer activity and an important input for analyzing the overall health of the French economy.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
This metric is widely used by economists, policymakers, and market analysts to assess trends in French consumer spending and make informed decisions.
Key Facts
- France's real private sector final consumption expenditure grew by 2.3% in 2021.
- Consumer spending accounts for over 50% of France's GDP.
- This metric is adjusted for inflation to provide a real, volume-based measure of consumption.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the inflation-adjusted final consumption expenditure by the private sector in France, including household and non-profit spending.
Q: Why is this trend relevant for users or analysts?
A: Consumer spending is a crucial driver of economic growth, so this metric provides valuable insights into the health and trajectory of the French economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD using national accounts and consumer price index information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess consumer demand, guide fiscal and monetary policies, and make informed decisions about the French economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Real Private Sector Final Consumption Expenditure for France (NCPRSAXDCFRQ), retrieved from FRED.