France Consumer Confidence

France

France: Consumer confidence remains stable in November

November 25, 2015

The consumer confidence indicator elaborated by the National Statistics Institute (INSEE) remained stable in November at October’s 96 points. The result slightly overshot the 95 points the markets had expected. As a result, the consumer confidence indicator remained below its long-term average of 100.

In its statement, INSEE pointed out that consumer’s opinions regarding their financial prospects remained virtually stable over the previous month. While, households’ current saving capacity improved slightly, fewer households were willing to make major purchases in the next 12 months.

FocusEconomics Consensus Forecast panelists expect private consumption to increase 1.7% this year, which is unchanged over last month’s forecast. The panel expects private consumption to accelerate moderately to a 1.4% rise in 2016, which is also unchanged from last month’s forecast.


Author:, 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 November 2015

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


France Economic News

More news

Search form