France GDP y/y comes in at 0.7% against 0.6% consensus

France’s Gross Domestic Product (GDP) year over year was released at 0.7% for the period ending 2026-07-30 05:30 UTC. This figure came in above the consensus expectation of 0.6%, representing a 16.7% surprise versus consensus. The actual print indicates a slight slowdown from the previous reading of 0.9%.

Initial market reaction across EUR pairs has been limited in the 30 minutes following the release. EURUSD moved -1.8 pips at 5 minutes and -3.6 pips at 15 minutes. This compares to a median 1-hour move of 8 pips for EURUSD after past releases, with top-quarter moves exceeding 14 pips. EURAUD saw a -2.0 pip move at 15 minutes, against its median 1-hour move of 10 pips. EURCAD moved -1.8 pips at 15 minutes, while its median 1-hour move is 7 pips. EURCHF registered a +1.6 pip move at 15 minutes, compared to a median 1-hour move of 4 pips. EURGBP moved -1.4 pips at 15 minutes, against a median 1-hour move of 4 pips. EURJPY saw a -2.5 pip move at 15 minutes, with its median 1-hour move at 10 pips. EURNZD moved -4.5 pips at 15 minutes, against a median 1-hour move of 13 pips. These measured moves are generally small when compared to the typical volatility observed after similar releases.