France Consumer Confidence February 2021


France: Consumer confidence falls in February

February 25, 2021

Consumer confidence weakened slightly, coming in at 91 in February, edging down from January’s 92—marking the worst reading in three months. As a result, the index remained below the 100-threshold, its long-term average.

In February, consumers’ assessment over both their current and expected standard of living turned more pessimistic. Moreover, households’ fears about unemployment ahead increased from the previous month.

FocusEconomics Consensus Forecast panelists expect private consumption to expand 5.2% in 2021, which is down 0.4 percentage points from last month’s forecast, and 3.6% in 2022.


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France Consumer Confidence Chart

France Consumer Confidence February 2021

Note: Monthly consumer confidence survey; long-term average = 100.
Source: National Institute of Statistics and Economic Studies (INSEE).

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