Current France Economy

Here we are trying to cover the data on present economic indicators on French Economy. The economy growth of the country as of year 2005 was 1.4% compared to 2.1% in the previous year. This database section provides a clear picture upon most of the economic variables in the country recently.

Real GDP growth and Domestic Demand In France

The Government consumption increased by 1.5% in the year 2005 compared to 2.7% increase in the last year. Investment increased by 3.4% in comparison to 2.1% in the year 2004. The following table gives a clear picture upon the indicators in various years.
Real GDP growth and Domestic Demand (% changes)

	2003	2004	2005	2006*
Real GDP	0.9	2.1	1.4	2.1
Private Consumption	1.6	2.2	2.1	2.3
Government Consumption	2.1	2.7	1.5	1.9
Gross Fixed Investment	2.7	2.1	3.4	3.3
Domestic Demand	1.8	3.1	2.4	2.5

Source: OECD Economic Outlook

Consumer Price Index

Taking the base year 1998=100, it is found that cost of living measured by consumer price Index (CPI) has increased to 114.16 in the year 2006 from 112.2 in the year 2005. The inflation pressure is more led by the energy prices. Here through the following table the consumer prices Index and the constituents affecting to them are follows:
Consumer Price Index (CPI) and its constituents
(Base Year 1998=100)

	April-05	April-06 %	Change*
CPI	112.2	114.16	1.7
Food	114.5	115.59	1.0
Manufacturing Goods	101.5	101.2	-0.5
Energy	127.4	139.05	9.1
Services	114.1	116.74	2.3

Source: INSEE, * Over a year

Foreign Trade In France

A recovery is being marked in the economy as the exports sector grew by 3.2% in the year 2005 compared to 2.2% in the year 2004. The level of imports also grew by 6.5% compared to 6.1% in the last year. The following table gives a clear picture upon the growth rate of the exports and imports in the country.

Exports and Imports In France (% Change)

	2003	2004	2005	2006**
Exports Of Goods and Services	-1.8	2.2	3.2	6.7
Imports Of Goods and Services	1.3	6.1	6.5	7.9
Net Exports*	-0.9	-1.1	-1	-0.5

Source: OECD Economic Outlook
*Contribution to changes in real GDP
**Projected