National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for France

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

Latest Value

117.57

Year-over-Year Change

11.87%

Date Range

1/1/1960 - 7/1/2023

Summary

The GDP Deflator for France measures the overall price level of goods and services produced in the French economy. It is a key indicator of inflation and economic performance.

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 GDP Deflator tracks changes in the prices of all final goods and services included in France's Gross Domestic Product. It is a comprehensive measure of price movements across the entire French economy, unlike more targeted inflation indexes.

Methodology

The data is calculated by the OECD using national accounts data.

Historical Context

The GDP Deflator is used by policymakers and analysts to assess inflationary pressures and the real growth of the French economy.

Key Facts

  • The GDP Deflator was 105.72 in 2022Q1.
  • France's GDP Deflator has increased by 6.4% over the past year.
  • The GDP Deflator provides a broader measure of price changes than the consumer price index.

FAQs

Q: What does this economic trend measure?

A: The GDP Deflator for France measures the overall price level of goods and services produced in the French economy. It tracks changes in the prices of all final products included in GDP.

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

A: The GDP Deflator is a key indicator of inflation and economic performance in France. It provides a comprehensive measure of price movements across the entire economy, making it useful for policymakers and analysts.

Q: How is this data collected or calculated?

A: The data is calculated by the OECD using national accounts data from France.

Q: How is this trend used in economic policy?

A: The GDP Deflator is used by policymakers and analysts to assess inflationary pressures and the real growth of the French economy. It informs monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The GDP Deflator data is published quarterly with a lag of several months. There may also be revisions to historical data as more information becomes available.

Related Trends

Citation

U.S. Federal Reserve, National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for France (FRAGDPDEFQISMEI), retrieved from FRED.