France: Consumer sentiment rebounds in January
January 29, 2020
In January, consumer sentiment rose to 104 after stumbling to 102 in December due to country-wide strikes. As such, the index rose further above the 100-threshold—its long-term average.
Consumers’ perception of their past and future financial situation grew less gloomy in January, as did their expected capacity to save. In addition, their willingness to buy big-ticket household items improved a tad. In contrast, concerns over their standard of living and consumer prices in the coming year both inched up.
Author: Nicolás J. Aguilar, Economist