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Economy And The Numbers

France Consumer Confidence Stable In January; Trails Expectations

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

France's consumer confidence remained stable in January, defying expectations for a rise, data from statistical office INSEE showed Wednesday.

The consumer confidence index came in at 90 in January, the same as in December. This was less than the 91 score expected by economists.

The index measuring households' opinion of their past financial situation and their future financial situation fell by 2 points each to -29 and -17, respectively.

Unemployment expectations rose in January as the corresponding index rose to 63 from 67.

Households' opinion of their current and future savings declined, as the respective indices dropped 3 points each.

Meanwhile, the index measuring major purchases intentions rose to -18 from -22 in the previous month.

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