France
-10.3
▼
vs 1w ago (-6.3)
France economic data has been missing expectations. Over the past 90 days,
releases have generally fallen short of analyst estimates, suggesting the economy may be weaker than consensus forecasts.
Current Score
-10.3
1 Week Ago
-6.3
Releases (90d)
161
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend with CAC 40 Overlay
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- S&P Global Manufacturing PMI +2.46z
- Business Confidence +0.78z
- Balance of Trade +1.85z
- Imports +1.48z
- Business Confidence +0.39z
▼ Top Negative Surprises
- S&P Global Composite PMI -3.42z
- S&P Global Services PMI -2.72z
- S&P Global Manufacturing PMI -2.33z
- Balance of Trade -4.30z
- GDP Growth Rate QoQ -1.11z
All Releases — 90 Day Window (161 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-05-21 | S&P Global Composite PMI | 43.5 | 47.7 | -3.421 | Medium | -167.16 |
| 2026-05-21 | S&P Global Services PMI | 42.9 | 46.6 | -2.719 | Medium | -132.83 |
| 2026-05-21 | S&P Global Manufacturing PMI | 48.9 | 52.2 | -2.329 | Medium | -113.80 |
| 2026-04-08 | Balance of Trade | -5.8 | -2.4 | -4.299 | Medium | -77.77 |
| 2026-04-23 | S&P Global Manufacturing PMI | 52.8 | 49.5 | +2.456 | Medium | +62.84 |
| 2026-04-30 | GDP Growth Rate QoQ | 0.0 | 0.2 | -1.110 | High | -50.07 |
| 2026-04-24 | Consumer Confidence | 84.0 | 88.0 | -1.704 | Medium | -44.61 |
| 2026-04-30 | Gross Domestic Product QoQ | 0.0 | 0.2 | -1.447 | Medium | -43.51 |
| 2026-05-22 | Business Confidence | 102.0 | 100.0 | +0.777 | Medium | +38.83 |
| 2026-05-13 | Unemployment Rate | 8.1 | 7.8 | -0.906 | Medium | -36.79 |
| 2026-04-23 | S&P Global Services PMI | 46.5 | 48.4 | -1.344 | Medium | -34.39 |
| 2026-05-07 | Balance of Trade | -6.9 | -5.6 | -0.704 | Medium | -24.90 |
| 2026-03-31 | Consumer Spending MoM | -1.4 | -0.3 | -1.485 | Medium | -22.33 |
| 2026-04-23 | S&P Global Composite PMI | 47.6 | 48.6 | -0.800 | Medium | -20.45 |
| 2026-04-30 | CPI MoM | 1.0 | 0.9 | -0.656 | Medium | -19.72 |
| 2026-04-30 | HICP MoM | 1.2 | 0.9 | -0.578 | Medium | -17.37 |
| 2026-03-10 | Balance of Trade | -1.8 | -4.6 | +1.847 | Medium | +17.10 |
| 2026-02-27 | CPI MoM | 0.7 | 0.5 | -2.361 | Medium | -16.95 |
| 2026-04-08 | S&P Global Construction PMI | 38.4 | 45.0 | -1.665 | Low | -15.06 |
| 2026-04-30 | Inflation Rate YoY | 2.2 | 2.0 | -0.316 | High | -14.26 |
| 2026-04-15 | CPI MoM | 1.0 | 0.9 | -0.656 | Medium | -13.95 |
| 2026-04-30 | CPI YoY | 2.2 | 2.0 | -0.910 | Low | -13.68 |
| 2026-04-08 | Imports | 57.8 | 55.1 | +1.482 | Low | +13.41 |
| 2026-04-08 | Foreign Exchange Reserves | 390.629 | 423.0 | -1.448 | Low | -13.10 |
| 2026-03-13 | HICP MoM | 0.7 | 0.4 | -1.299 | Medium | -12.89 |
| 2026-05-05 | Budget Balance | -42.9 | -36.0 | -0.741 | Low | -12.50 |
| 2026-03-31 | Household Consumption MoM | -1.4 | -0.2 | -1.478 | Low | -11.12 |
| 2026-03-24 | S&P Global Composite PMI | 48.3 | 49.3 | -0.788 | Medium | -10.08 |
| 2026-04-23 | Business Confidence | 100.0 | 99.0 | +0.392 | Medium | +10.03 |
| 2026-04-30 | Producer Price Index YoY | 0.2 | -1.0 | -0.661 | Low | -9.94 |
| 2026-05-07 | S&P Global Construction PMI | 38.1 | 40.0 | -0.539 | Low | -9.53 |
| 2026-03-24 | HCOB Composite PMI | 48.3 | 49.3 | -0.736 | Medium | -9.41 |
| 2026-02-27 | Unemployment Benefit Claims | -26.9 | 7.5 | +1.278 | Medium | +9.17 |
| 2026-04-28 | Unemployment Benefit Claims | 35.6 | 17.0 | -0.305 | Medium | -8.75 |
| 2026-04-08 | Exports | 52.0 | 53.7 | -0.953 | Low | -8.62 |
| 2026-04-08 | Current Account | -1.8 | 1.7 | -0.950 | Low | -8.59 |
| 2026-02-27 | Inflation Rate YoY | 1.0 | 0.8 | -0.790 | High | -8.51 |
| 2026-03-13 | CPI MoM | 0.6 | 0.7 | +0.843 | Medium | +8.36 |
| 2026-02-27 | CPI YoY | 1.0 | 0.8 | -2.275 | Low | -8.17 |
| 2026-05-06 | Industrial Production MoM | 1.0 | 0.5 | +0.221 | Medium | +7.64 |
| 2026-02-27 | Harmonised Inflation Rate YoY | 1.1 | 0.7 | -1.888 | Low | -6.78 |
| 2026-04-23 | Business Climate Indicator | 94.0 | 96.0 | -0.529 | Low | -6.76 |
| 2026-03-24 | S&P Global Manufacturing PMI | 50.2 | 49.5 | +0.521 | Medium | +6.67 |
| 2026-03-03 | Budget Balance | -9.7 | -16.9 | +1.646 | Low | +6.48 |
| 2026-04-30 | Producer Price Index MoM | 2.0 | 0.8 | -0.427 | Low | -6.42 |
| 2026-05-07 | Imports | 59.3 | 58.6 | +0.361 | Low | +6.39 |
| 2026-03-24 | S&P Global Services PMI | 48.3 | 49.0 | -0.489 | Medium | -6.26 |
| 2026-04-30 | GDP Growth Rate YoY | 1.1 | 1.0 | +0.139 | High | +6.25 |
| 2026-03-24 | HCOB Services PMI | 48.3 | 49.0 | -0.460 | Medium | -5.88 |
| 2026-03-10 | Current Account | 2.1 | -1.2 | +1.269 | Low | +5.87 |
| 2026-02-27 | CPI | 0.7 | 0.5 | -0.786 | Medium | -5.64 |
| 2026-03-26 | Business Climate Indicator | 97.0 | 94.0 | +0.810 | Low | +5.42 |
| 2026-04-30 | Harmonised Inflation Rate MoM | 1.2 | 0.9 | -0.360 | Low | -5.42 |
| 2026-05-07 | Current Account | -1.2 | -3.4 | +0.299 | Low | +5.28 |
| 2026-03-26 | Business Confidence | 99.0 | 100.0 | -0.388 | Medium | -5.20 |
| 2026-02-24 | Business Confidence | 102.0 | 104.0 | -0.747 | Medium | -5.00 |
| 2026-03-13 | CPI YoY | 0.9 | 1.0 | +0.910 | Low | +4.51 |
| 2026-03-31 | Inflation Rate YoY | 1.7 | 1.6 | -0.198 | High | -4.46 |
| 2026-04-30 | Harmonised Inflation Rate YoY | 2.5 | 2.3 | -0.287 | Low | -4.32 |
| 2026-03-31 | CPI YoY | 1.7 | 1.6 | -0.569 | Low | -4.28 |
| 2026-04-30 | Inflation Rate MoM | 1.0 | 0.9 | -0.134 | Medium | -4.04 |
| 2026-05-07 | Exports | 52.5 | 52.9 | -0.228 | Low | -4.03 |
| 2026-03-13 | Harmonised Inflation Rate MoM | 0.7 | 0.4 | -0.811 | Low | -4.02 |
| 2026-03-10 | Imports | 55.3 | 56.8 | -0.799 | Low | -3.70 |
| 2026-04-07 | S&P Global Composite PMI | 48.8 | 48.3 | +0.402 | Low | +3.56 |
| 2026-02-27 | Inflation Rate MoM | 0.7 | 0.5 | -0.483 | Medium | -3.47 |
| 2026-04-07 | S&P Global Services PMI | 48.8 | 48.3 | +0.354 | Low | +3.13 |
| 2026-02-25 | Consumer Confidence | 91.0 | 90.0 | +0.416 | Medium | +2.85 |
| 2026-04-28 | Jobseekers Total | 3109.1 | 3125.2 | +0.176 | Low | +2.52 |
| 2026-02-27 | HICP MoM | 0.4 | 0.5 | +0.347 | Medium | +2.49 |
| 2026-02-27 | HICP MoM | 0.4 | 0.5 | +0.347 | Medium | +2.49 |
| 2026-02-27 | HICP MoM | 0.4 | 0.5 | +0.347 | Medium | +2.49 |
| 2026-02-27 | HICP MoM | 0.4 | 0.5 | +0.347 | Medium | +2.49 |
| 2026-03-31 | Inflation Rate MoM | 0.9 | 0.8 | -0.151 | Medium | -2.27 |
| 2026-02-27 | HICP YoY | 1.1 | 0.7 | -0.604 | Low | -2.17 |
| 2026-02-27 | HICP YoY | 1.1 | 0.7 | -0.604 | Low | -2.17 |
| 2026-02-27 | HICP YoY | 1.1 | 0.7 | -0.604 | Low | -2.17 |
| 2026-02-27 | HICP YoY | 1.1 | 0.7 | -0.604 | Low | -2.17 |
| 2026-03-03 | New Car Registrations YoY | -14.7 | -4.0 | -0.534 | Low | -2.10 |
| 2026-03-03 | New Car Registrations YoY | -14.7 | -4.0 | -0.534 | Low | -2.10 |
| 2026-03-06 | Foreign Exchange Reserves | 421.573 | 411.0 | +0.487 | Low | +2.05 |
| 2026-04-15 | Harmonised Inflation Rate YoY | 2.0 | 1.9 | -0.174 | Low | -1.85 |
| 2026-02-27 | CPI | 1.0 | 0.8 | -0.491 | Low | -1.76 |
| 2026-02-27 | CPI | 1.0 | 0.8 | -0.491 | Low | -1.76 |
| 2026-02-24 | Business Climate Indicator | 97.0 | 99.0 | -0.513 | Low | -1.72 |
| 2026-03-13 | Inflation Rate YoY | 0.9 | 1.0 | +0.316 | Low | +1.57 |
| 2026-04-15 | Inflation Rate MoM | 1.0 | 0.9 | -0.134 | Low | -1.43 |
| 2026-04-30 | HICP YoY | 2.5 | 2.3 | -0.092 | Low | -1.38 |
| 2026-02-27 | Jobseekers Total | 3090.5 | 3124.9 | +0.375 | Low | +1.35 |
| 2026-03-02 | Manufacturing PMI | 50.1 | 49.9 | +0.161 | Medium | +1.24 |
| 2026-04-01 | S&P Global Manufacturing PMI | 50.0 | 50.2 | -0.147 | Low | -1.13 |
| 2026-03-13 | Inflation Rate MoM | 0.6 | 0.7 | +0.173 | Low | +0.86 |
| 2026-05-11 | Foreign Exchange Reserves | 386.898 | 386.0 | +0.044 | Low | +0.85 |
| 2026-03-31 | Harmonised Inflation Rate MoM | 1.1 | 1.0 | -0.108 | Low | -0.81 |
| 2026-02-27 | Harmonised Inflation Rate MoM | 0.4 | 0.5 | +0.216 | Low | +0.78 |
| 2026-03-05 | HCOB Construction PMI | 43.9 | 44.4 | -0.186 | Low | -0.77 |
| 2026-02-27 | Consumer Spending MoM | 0.5 | 0.4 | +0.101 | Medium | +0.73 |
| 2026-02-27 | Consumer Spending MoM | 0.5 | 0.4 | +0.101 | Medium | +0.73 |
| 2026-02-27 | Consumer Spending MoM | 0.5 | 0.4 | +0.101 | Medium | +0.73 |
| 2026-03-27 | Unemployment Benefit Claims | 17.7 | 15.0 | -0.050 | Medium | -0.69 |
| 2026-02-27 | Producer Price Index MoM | 0.5 | 0.3 | -0.190 | Low | -0.68 |
| 2026-03-02 | Manufacturing PMI | 50.1 | 49.9 | +0.161 | Low | +0.62 |
| 2026-03-02 | HCOB Manufacturing PMI | 50.1 | 49.9 | +0.161 | Low | +0.62 |
| 2026-02-27 | Household Consumption MoM | 0.5 | 0.3 | +0.164 | Low | +0.59 |
| 2026-03-31 | Producer Price Index YoY | -2.4 | -2.1 | +0.079 | Low | +0.59 |
| 2026-04-15 | HICP YoY | 2.0 | 1.9 | -0.056 | Low | -0.59 |
| 2026-03-02 | S&P Global Manufacturing PMI | 50.1 | 49.9 | +0.148 | Low | +0.57 |
| 2026-03-05 | S&P Global Construction PMI | 43.9 | 44.4 | -0.128 | Low | -0.53 |
| 2026-02-27 | GDP Growth Rate YoY | 1.2 | 1.1 | +0.126 | Low | +0.45 |
| 2026-02-27 | Producer Price Index YoY | -2.3 | -2.6 | -0.064 | Low | -0.23 |
| 2026-03-27 | Jobseekers Total | 3108.2 | 3105.5 | -0.030 | Low | -0.20 |
| 2026-04-02 | Budget Balance | -32.1 | -32.0 | -0.012 | Low | -0.10 |
| 2026-02-27 | Gross Domestic Product YoY | 1.1 | 1.1 | +0.000 | Medium | +0.00 |
| 2026-02-27 | Gross Domestic Product QoQ | 0.2 | 0.2 | +0.000 | Medium | +0.00 |
| 2026-02-27 | Non-Farm Payrolls QoQ | -0.1 | -0.1 | +0.000 | Low | +0.00 |
| 2026-02-27 | Gross Domestic Product YoY | 1.1 | 1.1 | +0.000 | Medium | +0.00 |
| 2026-02-27 | Gross Domestic Product QoQ | 0.2 | 0.2 | +0.000 | Medium | +0.00 |
| 2026-02-27 | GDP Growth Rate QoQ | 0.2 | 0.2 | +0.000 | Low | +0.00 |
| 2026-02-27 | Gross Domestic Product QoQ | 0.2 | 0.2 | +0.000 | Medium | +0.00 |
| 2026-02-27 | Non-Farm Payrolls QoQ | -0.1 | -0.1 | +0.000 | Low | +0.00 |
| 2026-02-27 | Gross Domestic Product YoY | 1.1 | 1.1 | +0.000 | Medium | +0.00 |
| 2026-03-04 | Services PMI | 49.6 | 49.6 | +0.000 | Medium | +0.00 |
| 2026-03-04 | PMI | 49.9 | 49.9 | +0.000 | Low | +0.00 |
| 2026-03-04 | S&P Global Composite PMI | 49.9 | 49.9 | +0.000 | Low | +0.00 |
| 2026-03-04 | S&P Global Services PMI | 49.6 | 49.6 | +0.000 | Low | +0.00 |
| 2026-03-04 | HCOB Services PMI | 49.6 | 49.6 | +0.000 | Low | +0.00 |
| 2026-03-04 | Services PMI | 49.6 | 49.6 | +0.000 | Medium | +0.00 |
| 2026-03-04 | PMI | 49.9 | 49.9 | +0.000 | Low | +0.00 |
| 2026-03-04 | HCOB Composite PMI | 49.9 | 49.9 | +0.000 | Low | +0.00 |
| 2026-03-04 | S&P Global Composite PMI | 49.9 | 49.9 | +0.000 | Low | +0.00 |
| 2026-03-04 | Services PMI | 49.6 | 49.6 | +0.000 | Medium | +0.00 |
| 2026-03-04 | S&P Global Services PMI | 49.6 | 49.6 | +0.000 | Medium | +0.00 |
| 2026-03-04 | PMI | 49.9 | 49.9 | +0.000 | Low | +0.00 |
| 2026-03-05 | Industrial Production MoM | 0.5 | 0.5 | +0.000 | Medium | +0.00 |
| 2026-03-10 | Exports | 53.4 | 53.4 | +0.000 | Low | +0.00 |
| 2026-03-13 | Harmonised Inflation Rate YoY | 1.1 | 1.1 | -0.000 | Low | -0.00 |
| 2026-03-13 | HICP YoY | 1.1 | 1.1 | -0.000 | Low | -0.00 |
| 2026-03-26 | Consumer Confidence | 89.0 | 89.0 | +0.000 | Medium | +0.00 |
| 2026-03-31 | CPI MoM | 0.9 | 0.9 | -0.000 | Medium | -0.00 |
| 2026-03-31 | Harmonised Inflation Rate YoY | 1.9 | 1.9 | -0.000 | Low | -0.00 |
| 2026-03-31 | Producer Price Index MoM | -0.2 | -0.2 | -0.000 | Low | -0.00 |
| 2026-03-31 | HICP YoY | 1.9 | 1.9 | -0.000 | Low | -0.00 |
| 2026-04-15 | Harmonised Inflation Rate MoM | 1.1 | 1.1 | -0.000 | Low | -0.00 |
| 2026-04-15 | HICP MoM | 1.1 | 1.1 | -0.000 | Medium | -0.00 |
| 2026-04-15 | Inflation Rate YoY | 1.7 | 1.7 | -0.000 | Low | -0.00 |
| 2026-04-15 | CPI YoY | 1.7 | 1.7 | -0.000 | Low | -0.00 |
| 2026-04-30 | Household Consumption MoM | 0.7 | 0.7 | +0.000 | Low | +0.00 |
| 2026-04-30 | Consumer Spending MoM | 0.7 | 0.7 | +0.000 | Medium | +0.00 |
| 2026-04-30 | Non-Farm Payrolls QoQ | -0.1 | -0.1 | +0.000 | Low | +0.00 |
| 2026-05-04 | S&P Global Manufacturing PMI | 52.8 | 52.8 | +0.000 | Low | +0.00 |
| 2026-05-06 | S&P Global Services PMI | 46.5 | 46.5 | +0.000 | Low | +0.00 |
| 2026-05-06 | S&P Global Composite PMI | 47.6 | 47.6 | +0.000 | Low | +0.00 |
| 2026-05-13 | CPI MoM | 1.0 | 1.0 | -0.000 | Medium | -0.00 |
| 2026-05-13 | Inflation Rate YoY | 2.2 | 2.2 | -0.000 | Low | -0.00 |
| 2026-05-13 | HICP YoY | 2.5 | 2.5 | -0.000 | Low | -0.00 |
| 2026-05-13 | Harmonised Inflation Rate MoM | 1.2 | 1.2 | -0.000 | Low | -0.00 |
| 2026-05-13 | Inflation Rate MoM | 1.0 | 1.0 | -0.000 | Low | -0.00 |
| 2026-05-13 | CPI YoY | 2.2 | 2.2 | -0.000 | Low | -0.00 |
| 2026-05-13 | HICP MoM | 1.2 | 1.2 | -0.000 | Medium | -0.00 |
| 2026-05-13 | Harmonised Inflation Rate YoY | 2.5 | 2.5 | -0.000 | Low | -0.00 |
| 2026-05-22 | Business Climate Indicator | 94.0 | 94.0 | +0.000 | Low | +0.00 |