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France Consumer Confidence January 2023

France: Consumer confidence falls and remains pessimistic in January

Consumer confidence fell to 80.0 in January from December’s 81.0, meaning the index remained below the 100-threshold, indicating pessimism among consumers.

The slightly lower print was driven by households worsened appraisals of their personal situations: Households sentiment regarding their past and future financial situations worsened, as well as that regarding current and future saving opportunities. The change in households sentiment regarding Frances economic situation was more mixed. On one hand, households became more pessimistic about the past and future standards of living. On the other hand, households became less concerned about the labor market.

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