France
-6.6
▬
vs 1w ago (-6.4)
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
-6.6
1 Week Ago
-6.4
Releases (90d)
168
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 +2.64z
- Balance of Trade +1.85z
- Imports +1.48z
- Business Confidence +0.39z
- Unemployment Benefit Claims +1.28z
▼ Top Negative Surprises
- Balance of Trade -4.30z
- GDP Growth Rate QoQ -1.11z
- Consumer Confidence -1.70z
- Gross Domestic Product QoQ -1.45z
- S&P Global Services PMI -1.51z
All Releases — 90 Day Window (168 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-04-08 | Balance of Trade | -5.8 | -2.4 | -4.299 | Medium | -81.44 |
| 2026-04-23 | S&P Global Manufacturing PMI | 52.8 | 49.5 | +2.641 | Medium | +70.77 |
| 2026-04-30 | GDP Growth Rate QoQ | 0.0 | 0.2 | -1.110 | High | -52.44 |
| 2026-04-24 | Consumer Confidence | 84.0 | 88.0 | -1.704 | Medium | -46.72 |
| 2026-04-30 | Gross Domestic Product QoQ | 0.0 | 0.2 | -1.447 | Medium | -45.57 |
| 2026-04-23 | S&P Global Services PMI | 46.5 | 48.4 | -1.507 | Medium | -40.38 |
| 2026-05-13 | Unemployment Rate | 8.1 | 7.8 | -0.906 | Medium | -38.53 |
| 2026-04-23 | S&P Global Composite PMI | 47.6 | 48.6 | -0.980 | Medium | -26.27 |
| 2026-05-07 | Balance of Trade | -6.9 | -5.6 | -0.704 | Medium | -26.08 |
| 2026-03-31 | Consumer Spending MoM | -1.4 | -0.3 | -1.485 | Medium | -23.39 |
| 2026-04-30 | CPI MoM | 1.0 | 0.9 | -0.656 | Medium | -20.65 |
| 2026-04-30 | HICP MoM | 1.2 | 0.9 | -0.578 | Medium | -18.19 |
| 2026-03-10 | Balance of Trade | -1.8 | -4.6 | +1.847 | Medium | +17.91 |
| 2026-02-27 | CPI MoM | 0.7 | 0.5 | -2.361 | Medium | -17.75 |
| 2026-04-08 | S&P Global Construction PMI | 38.4 | 45.0 | -1.665 | Low | -15.78 |
| 2026-04-30 | Inflation Rate YoY | 2.2 | 2.0 | -0.316 | High | -14.94 |
| 2026-04-15 | CPI MoM | 1.0 | 0.9 | -0.656 | Medium | -14.60 |
| 2026-04-30 | CPI YoY | 2.2 | 2.0 | -0.910 | Low | -14.33 |
| 2026-04-08 | Imports | 57.8 | 55.1 | +1.482 | Low | +14.04 |
| 2026-04-08 | Foreign Exchange Reserves | 390.629 | 423.0 | -1.448 | Low | -13.71 |
| 2026-03-13 | HICP MoM | 0.7 | 0.4 | -1.299 | Medium | -13.50 |
| 2026-05-05 | Budget Balance | -42.9 | -36.0 | -0.741 | Low | -13.09 |
| 2026-03-24 | S&P Global Composite PMI | 48.3 | 49.3 | -0.966 | Medium | -12.95 |
| 2026-03-31 | Household Consumption MoM | -1.4 | -0.2 | -1.478 | Low | -11.64 |
| 2026-04-23 | Business Confidence | 100.0 | 99.0 | +0.391 | Medium | +10.49 |
| 2026-04-30 | Producer Price Index YoY | 0.2 | -1.0 | -0.661 | Low | -10.41 |
| 2026-05-07 | S&P Global Construction PMI | 38.1 | 40.0 | -0.539 | Low | -9.98 |
| 2026-03-24 | HCOB Composite PMI | 48.3 | 49.3 | -0.736 | Medium | -9.86 |
| 2026-02-27 | Unemployment Benefit Claims | -26.9 | 7.5 | +1.278 | Medium | +9.61 |
| 2026-04-28 | Unemployment Benefit Claims | 35.6 | 17.0 | -0.305 | Medium | -9.17 |
| 2026-04-08 | Exports | 52.0 | 53.7 | -0.953 | Low | -9.03 |
| 2026-04-08 | Current Account | -1.8 | 1.7 | -0.950 | Low | -9.00 |
| 2026-02-27 | Inflation Rate YoY | 1.0 | 0.8 | -0.790 | High | -8.92 |
| 2026-03-13 | CPI MoM | 0.6 | 0.7 | +0.843 | Medium | +8.76 |
| 2026-02-27 | CPI YoY | 1.0 | 0.8 | -2.275 | Low | -8.55 |
| 2026-02-20 | HCOB Manufacturing PMI | 49.9 | 51.6 | -1.324 | Medium | -8.47 |
| 2026-05-06 | Industrial Production MoM | 1.0 | 0.5 | +0.221 | Medium | +8.00 |
| 2026-03-24 | S&P Global Manufacturing PMI | 50.2 | 49.5 | +0.560 | Medium | +7.51 |
| 2026-03-24 | S&P Global Services PMI | 48.3 | 49.0 | -0.548 | Medium | -7.35 |
| 2026-02-27 | Harmonised Inflation Rate YoY | 1.1 | 0.7 | -1.888 | Low | -7.10 |
| 2026-04-23 | Business Climate Indicator | 94.0 | 96.0 | -0.525 | Low | -7.03 |
| 2026-03-03 | Budget Balance | -9.7 | -16.9 | +1.646 | Low | +6.79 |
| 2026-04-30 | Producer Price Index MoM | 2.0 | 0.8 | -0.427 | Low | -6.72 |
| 2026-05-07 | Imports | 59.3 | 58.6 | +0.361 | Low | +6.69 |
| 2026-04-30 | GDP Growth Rate YoY | 1.1 | 1.0 | +0.139 | High | +6.55 |
| 2026-03-24 | HCOB Services PMI | 48.3 | 49.0 | -0.460 | Medium | -6.16 |
| 2026-03-10 | Current Account | 2.1 | -1.2 | +1.269 | Low | +6.15 |
| 2026-02-27 | CPI | 0.7 | 0.5 | -0.786 | Medium | -5.91 |
| 2026-04-30 | Harmonised Inflation Rate MoM | 1.2 | 0.9 | -0.360 | Low | -5.68 |
| 2026-03-26 | Business Climate Indicator | 97.0 | 94.0 | +0.804 | Low | +5.64 |
| 2026-02-20 | Manufacturing PMI | 49.9 | 51.0 | -0.864 | Medium | -5.53 |
| 2026-05-07 | Current Account | -1.2 | -3.4 | +0.299 | Low | +5.53 |
| 2026-02-20 | S&P Global Manufacturing PMI | 49.9 | 51.0 | -0.855 | Medium | -5.47 |
| 2026-03-26 | Business Confidence | 99.0 | 100.0 | -0.388 | Medium | -5.44 |
| 2026-02-24 | Business Confidence | 102.0 | 104.0 | -0.745 | Medium | -5.23 |
| 2026-02-20 | Manufacturing PMI | 49.9 | 50.9 | -0.787 | Medium | -5.03 |
| 2026-03-13 | CPI YoY | 0.9 | 1.0 | +0.910 | Low | +4.73 |
| 2026-03-31 | Inflation Rate YoY | 1.7 | 1.6 | -0.198 | High | -4.67 |
| 2026-04-07 | S&P Global Composite PMI | 48.8 | 48.3 | +0.493 | Low | +4.57 |
| 2026-04-30 | Harmonised Inflation Rate YoY | 2.5 | 2.3 | -0.287 | Low | -4.53 |
| 2026-03-31 | CPI YoY | 1.7 | 1.6 | -0.569 | Low | -4.48 |
| 2026-04-30 | Inflation Rate MoM | 1.0 | 0.9 | -0.134 | Medium | -4.23 |
| 2026-05-07 | Exports | 52.5 | 52.9 | -0.228 | Low | -4.22 |
| 2026-03-13 | Harmonised Inflation Rate MoM | 0.7 | 0.4 | -0.811 | Low | -4.21 |
| 2026-03-10 | Imports | 55.3 | 56.8 | -0.799 | Low | -3.87 |
| 2026-04-07 | S&P Global Services PMI | 48.8 | 48.3 | +0.397 | Low | +3.68 |
| 2026-02-27 | Inflation Rate MoM | 0.7 | 0.5 | -0.483 | Medium | -3.64 |
| 2026-02-25 | Consumer Confidence | 91.0 | 90.0 | +0.416 | Medium | +2.99 |
| 2026-04-28 | Jobseekers Total | 3109.1 | 3125.2 | +0.176 | Low | +2.64 |
| 2026-02-27 | HICP MoM | 0.4 | 0.5 | +0.347 | Medium | +2.61 |
| 2026-02-27 | HICP MoM | 0.4 | 0.5 | +0.347 | Medium | +2.61 |
| 2026-02-27 | HICP MoM | 0.4 | 0.5 | +0.347 | Medium | +2.61 |
| 2026-02-27 | HICP MoM | 0.4 | 0.5 | +0.347 | Medium | +2.61 |
| 2026-03-31 | Inflation Rate MoM | 0.9 | 0.8 | -0.151 | Medium | -2.38 |
| 2026-02-27 | HICP YoY | 1.1 | 0.7 | -0.604 | Low | -2.27 |
| 2026-02-27 | HICP YoY | 1.1 | 0.7 | -0.604 | Low | -2.27 |
| 2026-02-27 | HICP YoY | 1.1 | 0.7 | -0.604 | Low | -2.27 |
| 2026-02-27 | HICP YoY | 1.1 | 0.7 | -0.604 | Low | -2.27 |
| 2026-02-20 | Services PMI | 49.6 | 49.1 | +0.352 | Medium | +2.25 |
| 2026-02-20 | Services PMI | 49.6 | 49.1 | +0.352 | Medium | +2.25 |
| 2026-02-20 | Services PMI | 49.6 | 49.1 | +0.352 | Medium | +2.25 |
| 2026-03-03 | New Car Registrations YoY | -14.7 | -4.0 | -0.534 | Low | -2.20 |
| 2026-03-03 | New Car Registrations YoY | -14.7 | -4.0 | -0.534 | Low | -2.20 |
| 2026-03-06 | Foreign Exchange Reserves | 421.573 | 411.0 | +0.487 | Low | +2.15 |
| 2026-04-15 | Harmonised Inflation Rate YoY | 2.0 | 1.9 | -0.174 | Low | -1.94 |
| 2026-02-27 | CPI | 1.0 | 0.8 | -0.491 | Low | -1.85 |
| 2026-02-27 | CPI | 1.0 | 0.8 | -0.491 | Low | -1.85 |
| 2026-02-24 | Business Climate Indicator | 97.0 | 99.0 | -0.509 | Low | -1.79 |
| 2026-02-20 | HCOB Services PMI | 49.6 | 49.2 | +0.262 | Medium | +1.67 |
| 2026-03-13 | Inflation Rate YoY | 0.9 | 1.0 | +0.316 | Low | +1.64 |
| 2026-04-15 | Inflation Rate MoM | 1.0 | 0.9 | -0.134 | Low | -1.50 |
| 2026-04-30 | HICP YoY | 2.5 | 2.3 | -0.092 | Low | -1.45 |
| 2026-02-27 | Jobseekers Total | 3090.5 | 3124.9 | +0.375 | Low | +1.41 |
| 2026-03-02 | Manufacturing PMI | 50.1 | 49.9 | +0.161 | Medium | +1.29 |
| 2026-04-01 | S&P Global Manufacturing PMI | 50.0 | 50.2 | -0.158 | Low | -1.27 |
| 2026-02-20 | HCOB Composite PMI | 49.9 | 49.7 | +0.146 | Medium | +0.93 |
| 2026-03-13 | Inflation Rate MoM | 0.6 | 0.7 | +0.173 | Low | +0.90 |
| 2026-05-11 | Foreign Exchange Reserves | 386.898 | 386.0 | +0.044 | Low | +0.89 |
| 2026-03-31 | Harmonised Inflation Rate MoM | 1.1 | 1.0 | -0.108 | Low | -0.85 |
| 2026-02-27 | Harmonised Inflation Rate MoM | 0.4 | 0.5 | +0.216 | Low | +0.81 |
| 2026-03-05 | HCOB Construction PMI | 43.9 | 44.4 | -0.186 | Low | -0.80 |
| 2026-02-27 | Consumer Spending MoM | 0.5 | 0.4 | +0.101 | Medium | +0.76 |
| 2026-02-27 | Consumer Spending MoM | 0.5 | 0.4 | +0.101 | Medium | +0.76 |
| 2026-02-27 | Consumer Spending MoM | 0.5 | 0.4 | +0.101 | Medium | +0.76 |
| 2026-03-27 | Unemployment Benefit Claims | 17.7 | 15.0 | -0.050 | Medium | -0.72 |
| 2026-02-27 | Producer Price Index MoM | 0.5 | 0.3 | -0.190 | Low | -0.71 |
| 2026-03-02 | HCOB Manufacturing PMI | 50.1 | 49.9 | +0.161 | Low | +0.65 |
| 2026-03-02 | Manufacturing PMI | 50.1 | 49.9 | +0.161 | Low | +0.65 |
| 2026-03-02 | S&P Global Manufacturing PMI | 50.1 | 49.9 | +0.159 | Low | +0.64 |
| 2026-02-27 | Household Consumption MoM | 0.5 | 0.3 | +0.164 | Low | +0.62 |
| 2026-03-31 | Producer Price Index YoY | -2.4 | -2.1 | +0.079 | Low | +0.62 |
| 2026-04-15 | HICP YoY | 2.0 | 1.9 | -0.056 | Low | -0.62 |
| 2026-03-05 | S&P Global Construction PMI | 43.9 | 44.4 | -0.128 | Low | -0.55 |
| 2026-02-20 | PMI | 49.9 | 49.7 | +0.157 | Low | +0.50 |
| 2026-02-20 | PMI | 49.9 | 49.7 | +0.157 | Low | +0.50 |
| 2026-02-20 | PMI | 49.9 | 49.7 | +0.157 | Low | +0.50 |
| 2026-02-27 | GDP Growth Rate YoY | 1.2 | 1.1 | +0.126 | Low | +0.47 |
| 2026-02-27 | Producer Price Index YoY | -2.3 | -2.6 | -0.064 | Low | -0.24 |
| 2026-03-27 | Jobseekers Total | 3108.2 | 3105.5 | -0.030 | Low | -0.21 |
| 2026-04-02 | Budget Balance | -32.1 | -32.0 | -0.012 | Low | -0.10 |
| 2026-02-27 | Gross Domestic Product QoQ | 0.2 | 0.2 | +0.000 | Medium | +0.00 |
| 2026-02-27 | Gross Domestic Product YoY | 1.1 | 1.1 | +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 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 | Non-Farm Payrolls QoQ | -0.1 | -0.1 | +0.000 | Low | +0.00 |
| 2026-02-27 | Gross Domestic Product QoQ | 0.2 | 0.2 | +0.000 | Medium | +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 | HCOB Services PMI | 49.6 | 49.6 | +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 | HCOB 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 | 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 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 | Medium | +0.00 |
| 2026-03-04 | PMI | 49.9 | 49.9 | +0.000 | Low | +0.00 |
| 2026-03-04 | Services PMI | 49.6 | 49.6 | +0.000 | Medium | +0.00 |
| 2026-03-05 | 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 | 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 |
| 2026-03-31 | 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 |
| 2026-04-15 | Inflation Rate YoY | 1.7 | 1.7 | -0.000 | Low | -0.00 |
| 2026-04-15 | HICP MoM | 1.1 | 1.1 | -0.000 | Medium | -0.00 |
| 2026-04-15 | CPI YoY | 1.7 | 1.7 | -0.000 | Low | -0.00 |
| 2026-04-15 | Harmonised Inflation Rate MoM | 1.1 | 1.1 | -0.000 | Low | -0.00 |
| 2026-04-30 | Consumer Spending MoM | 0.7 | 0.7 | +0.000 | Medium | +0.00 |
| 2026-04-30 | Household Consumption MoM | 0.7 | 0.7 | +0.000 | Low | +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 Composite PMI | 47.6 | 47.6 | +0.000 | Low | +0.00 |
| 2026-05-06 | S&P Global Services PMI | 46.5 | 46.5 | +0.000 | Low | +0.00 |
| 2026-05-13 | CPI MoM | 1.0 | 1.0 | -0.000 | Medium | -0.00 |
| 2026-05-13 | HICP YoY | 2.5 | 2.5 | -0.000 | Low | -0.00 |
| 2026-05-13 | Harmonised Inflation Rate YoY | 2.5 | 2.5 | -0.000 | Low | -0.00 |
| 2026-05-13 | Inflation Rate MoM | 1.0 | 1.0 | -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 MoM | 1.2 | 1.2 | -0.000 | Low | -0.00 |
| 2026-05-13 | CPI YoY | 2.2 | 2.2 | -0.000 | Low | -0.00 |
| 2026-05-13 | Inflation Rate YoY | 2.2 | 2.2 | -0.000 | Low | -0.00 |