In March, the consumer sentiment index published by the National Statistical Institute (INSEE) increased from the 85 points recorded in February to 88 points. The print, which marked the highest level in consumer confidence since July 2012, came in above expectations of the index remaining at 85 points. The print came on the back of a generalized improvement in all the categories that make up the index. Consumers expectations for the general economic situation and the financial conditions in the next 12 months were better than in the previous month. In particular, they were more optimistic about both their current and expected ability to save money. In addition, confidence regarding the situation in the labor market improved in March. FocusEconomics Consensus Forecast panelists expect private consumption to inch up to 0.8% this year, which is up 0.1 percentage points over last month's forecast. The panel expects private consumption to accelerate moderately to 1.1% in 2015.
France Consumer Confidence
Consumer confidence reaches 20-month high in March
March 27, 2014
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France Consumer Confidence Chart
Note: Value of monthly consumer confidence index; long-term average at 100.
Source: National Institute of Statistics and Economic Studies (INSEE).
France Economic News
October 24, 2016
The Markit Flash Composite Purchasing Managers’ Index (PMI) dropped from a revised 52.7 (previously reported: 53.3) in September to 52.2 in October.
October 3, 2016
According to preliminary figures released by the National Statistical Institute (INSEE), consumer prices in September dropped 0.2% over the previous month, contrasting August’s 0.3% increase.
September 28, 2016
The consumer confidence indicator produced by the National Institute of Statistics and Economic Studies (INSEE) remained stable in September at August’s 97 points.
September 23, 2016
The composite Purchasing Managers’ Index (PMI), produced by IHS Markit, rose in September.
September 23, 2016
The French economy contracted in the second quarter.