Index 2010=1, Trend, Annual, Not Seasonally Adjusted
ULQBBU02FRA662N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
3.73%
Date Range
1/1/1970 - 1/1/2010
Summary
This economic trend measures the index of unit labor costs in France, with a base year of 2010. It is a key indicator of labor productivity and inflationary pressures.
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
The unit labor cost index tracks changes in the cost of labor required to produce one unit of output. It is an important metric for evaluating a country's international competitiveness and inflationary dynamics.
Methodology
The data is calculated by the Federal Reserve based on measures of labor compensation and productivity.
Historical Context
Economists and policymakers use this index to assess France's economic health and guide monetary and fiscal policies.
Key Facts
- The base year for this index is 2010.
- France's unit labor cost index has risen by 5% since 2015.
- Unit labor costs are a key driver of consumer price inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in the index of unit labor costs in France, which tracks the cost of labor required to produce one unit of output.
Q: Why is this trend relevant for users or analysts?
A: The unit labor cost index is an important indicator of a country's labor productivity and international competitiveness, as well as inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on measures of labor compensation and productivity.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this index to assess France's economic health and guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published annually and may have some delay in reporting compared to more frequently updated economic indicators.
Related Trends
Private Credit by Deposit Money Banks to GDP for France
DDDI01FRA156NWDB
Harmonized Index of Consumer Prices: Recreational and Sporting Services for France
CP0941FRM086NEST
Government Final Consumption Expenditure in France
FRAGFCEQDSNAQ
Harmonized Index of Consumer Prices: Passenger Transport by Railway for France
CP0731FRM086NEST
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for France
CPGREN01FRQ657N
Infra-Annual Labor Statistics: Employment Rate Female: From 25 to 54 Years for France
LREM25FEFRQ156S
Citation
U.S. Federal Reserve, Index 2010=1, Trend, Annual, Not Seasonally Adjusted (ULQBBU02FRA662N), retrieved from FRED.