France Consumer Confidence October 2019

France

France: Consumer sentiment stable in October

October 30, 2019

In October, consumer sentiment in France remained stable at September’s 104, after nine consecutive months of increase according to the French Statistical Institute (INSEE). As such, the index stood at its highest level in almost two years and above the 100-threshold—its long-term average.

Consumers’ lower expectations on their financial situation and capacity to save were offset by an increased willingness to purchase big household items and easing concerns over consumer prices in the next 12 months.

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.


Author:, Economist

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France Consumer Confidence October 2019

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


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