France expected economic growth next 12 months, median
France expected economic growth next 12 months, median stood at -1.1% in Aug 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Consumer confidence and expectations table (Value · Monthly), with a complete series running from Apr 2020 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Consumer confidence and expectations table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Economy and labour market | |||||||||||
| Expected economic growth, next 12 months (median) | -1.1 | -1.4 | -1.5 | -1.9 | -1.9 | -1.9 | -0.6 | -1 | -1 | -1 | |
| Expected economic growth, next 12 months (net balance) | -51.7 | -52.6 | -57.6 | -59.2 | -58.8 | -56.6 | -40.4 | -44.2 | -46.3 | -49.3 |
Understanding france expected economic growth next 12 months, median
Survey participants forecast the annualized percentage shift in total economic output expected over the upcoming annual cycle, summarized by the median response. The scope encompasses aggregate national production trends rather than individual financial fortunes, filtering out extreme projections through the selection of the middle value. Excluded from direct estimation are narrow sectoral metrics, with respondents providing their holistic view of broader macroeconomic expansion or contraction.
Reading this macroeconomic forecast requires acknowledging that public perceptions of aggregate output are frequently influenced by prominent news headlines and employment conditions rather than formal national accounts data. Sequential monthly prints can exhibit volatility driven by transient political or financial events, making longer-term directional analysis more reliable than single-month reactions. Analysts should compare these public expectations with professional forecaster consensus to identify potential sentiment gaps.
Frequently asked questions
- Whose economic output do respondents have in mind when answering?
- Participants evaluate the broader national economy rather than their own personal or household financial standing.
- Why use the median for expected economic growth instead of an average?
- The median prevents extreme outlier estimates from distorting the representative aggregate view of the surveyed population.
- How do these public growth expectations relate to official gross domestic product data?
- This series reflects subjective public opinion and sentiment, which frequently diverges from technical macroeconomic calculations.