France Consumer Confidence November 2019

France

France: Consumer sentiment rises to over 12-year high in November

November 27, 2019

In November, consumer sentiment in France rose to 106, after logging 104 in October according to the French Statistical Institute (INSEE). As such, the index stood at its highest level since June 2007 and above the 100-threshold—its long-term average.

Consumers’ expectations of their current and future financial situation and standards of living improved in November, while their willingness to buy big-ticket household items rose slightly.

FocusEconomics Consensus Forecast panelists expect private consumption to increase 1.3% in 2020, which is unchanged from last month’s forecast. The panel expects private consumption to increase 1.2% in 2021.


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France Consumer Confidence November 2019

Note: Monthly consumer confidence survey; long-term average = 100.
Source: National Institute of Statistics and Economic Studies (INSEE).


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