France: Consumer confidence ticks down in October
The consumer confidence index inched down to 94 in October, from September’s 95. As a result, the index moved further away from the 100-threshold—its long-term average.
In October, consumers’ assessment of both their future financial situation and their expected standard of living in the coming year turned more pessimistic. Moreover, households’ fears about unemployment increased from the previous month, while their expected savings capacity deteriorated slightly.