France: Economic sentiment improves in January
Economic sentiment rose to 98.0 in January from December’s 95.6. January’s result marked the strongest sentiment since January 2023. As a result, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected stronger sentiment across all surveyed sectors, which include retail, services, industry and construction. Moreover, consumer confidence improved in January.
Relating to indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index decreased in January.