Composite Leading Indicators: Reference Series (GDP) Ratio to Trend for France

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

Latest Value

99.91

Year-over-Year Change

0.10%

Date Range

2/1/1960 - 11/1/2023

Summary

The Composite Leading Indicators (CLI) Reference Series (GDP) Ratio to Trend for France measures the country's economic momentum and future growth prospects.

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

This indicator tracks the deviation of France's GDP from its long-term trend, providing insight into the business cycle and economic conditions. It is a key metric used by economists and policymakers to assess the broader state of the French economy.

Methodology

The data is calculated by the OECD based on official government statistics.

Historical Context

The CLI Ratio to Trend is widely referenced by analysts monitoring the French economy and its integration with regional and global markets.

Key Facts

  • France's CLI Ratio to Trend has averaged 99.7 since 1990.
  • The indicator reached a high of 101.4 in 2000 and a low of 97.1 in 2009.
  • It provides an early signal of turning points in the French business cycle.

FAQs

Q: What does this economic trend measure?

A: The Composite Leading Indicators (CLI) Reference Series (GDP) Ratio to Trend for France measures the deviation of the country's GDP from its long-term trend, providing insight into economic momentum and future growth prospects.

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

A: This indicator is a key metric used by economists and policymakers to assess the broader state of the French economy and its position in the business cycle, which informs decision-making and economic forecasting.

Q: How is this data collected or calculated?

A: The data is calculated by the OECD based on official government statistics for France.

Q: How is this trend used in economic policy?

A: The CLI Ratio to Trend is widely referenced by analysts monitoring the French economy and its integration with regional and global markets, providing insights that inform policy decisions and economic strategies.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis with minimal delays, providing timely information on the state of the French economy.

Related Trends

Citation

U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Ratio to Trend for France (FRALORSGPRTSTSAM), retrieved from FRED.