France Consumer Confidence March 2016

France

France: Consumer confidence drops in March

March 25, 2016

The consumer confidence indicator elaborated by the National Statistics Institute (INSEE) fell from February’s 95 points to 94 points in March. The result undershot the 96 points the markets had expected and marked the lowest result since August. As a result, the consumer confidence indicator fell further below its long-term average of 100.

In its statement, INSEE pointed out that the result came on the back of a deterioration in consumers’ opinions regarding their future financial prospects and a more pessimistic outlook on households' saving capacity, which dropped to its lowest level since March 2012. Consumers’ willingness to buy big-ticket items, on the other hand, remained stable compared to February’s reading.

FocusEconomics Consensus Forecast panelists expect private consumption to increase 1.3% in 2016, which is unchanged over last month’s forecast. The panel expects private consumption to grow 1.5% in 2017.


Author: Jean-Philippe Pourcelot, Economist

Sample Report

Looking for forecasts related to Consumer Confidence in France? Download a sample report now.

Download

France Consumer Confidence Chart


France Consumer Confidence March 2016

Note: Value of monthly consumer confidence index; long-term average at 100.
Source: National Institute of Statistics and Economic Studies (INSEE).


France Economic News

  • France: Inflation edges up in April

    May 15, 2019

    On 15 May, the Statistical Institute (INSEE) reported that consumer prices rose 0.3% from a month earlier in April (March: +0.8% month-on-month).

    Read more

  • France: Industrial output falls in March

    May 10, 2019

    Industrial output contracted 0.9% month-on-month and in seasonally-adjusted terms in March, on the heels of a revised 0.1% month-on-month expansion in February (previously reported: +0.4% month-on-month s.a.).

    Read more

  • France: Growth steady through Q1

    April 30, 2019

    France’s economy grew 0.3% quarter-on-quarter and in seasonally-adjusted terms in the first quarter, according to a first estimate released by the Statistical Institute (INSEE).

    Read more

  • France: Consumer confidence stabilizes in April

    April 28, 2019

    Consumer confidence stabilized in April, according to the consumer confidence survey published by the National Institute of Statistics and Economic Studies (INSEE), which held steady from March at 96 points.

    Read more

  • France: Industrial output stalls in February

    April 24, 2019

    Industrial output expanded 0.4% from a month earlier and in seasonally-adjusted terms in February, on the heels of a revised 1.2% month-on-month expansion in January (previously reported: +1.3% month-on-month s.a.).

    Read more

More news

Search form