France: Consumer confidence firms in September
Consumer confidence came in at 101.6 in September, above August’s 98.7. As such, the index landed above the 100-threshold, which represents its long-term average.
September’s improvement, was largely attributed to more optimistic saving capacity expectations. On top of this, households’ views of their personal financial situation in coming twelve months improved and consumers turned less pessimistic with regards to prices expectations. Meanwhile, their willingness to purchase large-ticket items in the next 12-month period declined.