Development, debt, deficit: INSEE evaluates the previous years

by time news

2024-06-02 16:08:23

If the “elementary modifications” undoubtedly don’t encourage everybody, nonetheless they threat interrupting the studying of the nationwide accounts revealed on Friday morning by INSEE. This Could 31, the Institute of Statistics modified to the 2020 base and thus rejected the “2014 base” which has been used since 2018. In truth, 2020 grew to become the reference 12 months for the info sequence printed since 1949.

INSEE is benefiting from this “new foundation” to combine the development of data sources in addition to the modifications in information processing on the worldwide stage in recent times. This may make it potential to “be part of European requirements”, helps Guillaume Houriez, head of the nationwide accounts division at INSEE. Because of this, the extent of sure indicators (GDP, family consumption, and many others.) and sure key ratios – similar to public deficit to GDP or debt to GDP – will probably be revised. The image of the evolution of the previous of the French economic system, nonetheless, seems solely barely modified, confirms the Institute of Statistics.

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