France: Consumer confidence stable in May
May 28, 2014
In May, the consumer sentiment index published by the National Statistical Institute (INSEE) remained stable at the 85 points recorded in April. The print met market expectations.
May’s result reflected that overall consumer expectations were broadly unchanged over the previous month, although there were some changes within the components that make up the index. In particular, consumers were more optimistic regarding their future financial situations, whereas their perceptions regarding their current saving capacity deteriorated. In addition, French consumers’ expectations regarding future employment were broadly stable in May.