In May, the consumer sentiment index published by the National Statistical Institute (INSEE) edged up to 90 points from the revised 89 points in April (previously reported: 88 points), thus reaching the highest level since November 2010. The reading defied market expectations, which had the index unchanged from the unrevised April figure. Despite the improvement, consumer confidence still remains below its long-term average of 100 points. Households were less downbeat about their own financial situation as well as the national outlook for the next 12 months. Accordingly, a smaller number of households forecasted an increase in unemployment than in April. That said, consumers' willingness to make major purchases was unchanged over the previous month.
France Consumer Confidence
Consumer confidence rises to highest level in 18 months
June 26, 2012
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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 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.
September 22, 2016
According to the National Institute of Statistics and Economic Studies’ (INSEE) business climate survey, the business confidence indicator rose from August’s over-one-year low of 101 points to 103 points in September.