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French Consumer Confidence Rises In October

By Midhin P.K.  ✉  | Published:  | Google News Follow Us  | Join Us
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France's consumer confidence improved in October to the highest level in six months, monthly survey data from the statistical office INSEE showed on Friday.

The consumer sentiment index rose to 90 in October from an upwardly revised 88 in the previous month. The expected reading was 87. Nonetheless, the index remained well below its long-term average of 100.

The index measuring consumers' outlook regarding their financial situation rose to -11 in October from -14 a month ago. The sub-index for the past financial situation of households increased somewhat to -20 from -21.

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