In October, the consumer sentiment index published by the National Statistical Institute (INSEE) fell to 84 points from the 85 points in September, which was in line with market expectations. The reading marks the lowest level in eight months. At the current level, consumer confidence remains below its long-term average of 100 points. Households were more downbeat about both their own financial situation and the national outlook over the next 12 months. Consequently, consumers' willingness to make major purchases deteriorated over the previous month. That said, a lower number of households forecasted an increase in unemployment than in September, but expectations remain high.
France Consumer Confidence
Consumer confidence drops to 8-month low
October 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.