France Consumer Confidence

France

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.

FocusEconomics Consensus Forecast panelists expect private consumption to increase 0.6% this year, which is down 0.2 percentage points over last month’s forecast. The panel expects private consumption to accelerate to a 1.1% rise in 2015.


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France Business Confidence May 2014

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


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