France's consumer confidence indicator dropped to 102 in December 2019 from 105 in the previous month, below market expectations of 104. Households' opinion balance on their future financial situation lost four points to -6, and that related to their expected saving capacity lost four points to -4. Furthermore, the share of households considering it is a suitable time to make major purchases dropped two points to -7. In addition, the share of households considering that the past standard of living in France has improved during the past twelve months declined strongly (-39 vs -35), as well as their opinion about the future standard of living (-28 vs -22). Households' fears about the unemployment trend rose sharply (8 vs 2).

Consumer Confidence in France averaged 101.03 points from 1972 until 2019, reaching an all time high of 131 points in May of 1973 and a record low of 79 points in June of 2013. This page provides the latest reported value for - France Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: INSEE, France

Consumer Confidence in France is expected to be 99.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in France to stand at 99.00 in 12 months time. In the long-term, the France Consumer Confidence is projected to trend around 103.00 points in 2020, according to our econometric models.


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France Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
102.00 105.00 131.00 79.00 1972 - 2019 points Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2019-09-25 06:45 AM Sep 104 103 102 101
2019-10-29 07:45 AM Oct 104 104 104 103
2019-11-27 07:45 AM Nov 106 104 103 104
2020-01-08 07:45 AM Dec 102 105 104 105
2020-01-29 07:45 AM Jan 102 101 101


News Stream
2019-11-27
French Consumer Morale at Near 2-1/2-Year High
The French consumer confidence indicator increased to 106 in November 2019 from 104 in the previous month and above market expectations of 103. It was the highest reading since June 2017, amid improvements in household’s future financial situation (-1 from -3 in October) and major purchases intentions (-4 from -5). Additionally, concerns about unemployment dropped (0 from 2) and the share of households considering that the future standard of living in France will improve in the next twelve months increased (-20 from -21). Meantime, expected saving capacity was unchanged (0, the same as in October) while the share of households considering that prices will be on the rise during the next twelve months decreased (-24 from -23).

2019-10-29
French Consumer Morale Steady at 2-Year High
The French consumer confidence indicator stood at 104 in October of 2019, unchanged from the previous month’s 21-month high and in line with market expectations. Households´ opinion regarding their saving intentions (11 from 10 in September) and major purchases (-6 from -7) improved. Meanwhile, concerns about unemployment increased (3 from 2) while the share of households considering that the future standard of living in France will improve in the next twelve months fell (-21 from -22). Meantime, the share of households considering that prices will be on the rise during the next twelve months increased (-23 from -25).

2019-09-25
French Consumer Morale at 20-Month High
The French consumer confidence indicator increased to 104 in September of 2019 from an upwardly revised 103 in the previous month and above market expectations of 102. It was the highest reading since January of 2018, amid improvements in household’s future financial situation (-2 from -4 in August); major purchases intentions (-7 from -8) and expected saving capacity (4 from 1). Additionally, concerns about unemployment dropped (1 from 6) while the share of households considering that the future standard of living in France will improve in the next twelve months was unchanged (-22, the same as in August) and the share of households considering that prices will be on the rise during the next twelve months decreased (-26 from -22).

2019-08-27
French Consumer Morale Steady at 1-1/2-Year High
The French consumer confidence indicator was at 102 in August 2019, unchanged from the previous month and matching market expectations. It remained the highest reading since January last year, as household’s opinion regarding their future financial situation was steady (at -5) and major purchases intentions was unchanged (at -8). Also, expected saving capacity was virtually stable (0 from -1). Additionally, concerns about unemployment declined (9 from 13) and the share of households considering that the future standard of living in France will improve in the next twelve months rose (-22 from -23). Meantime, the share of households considering that prices will be on the rise during the next twelve months increased (-21 from -23).

2019-07-26
France Consumer Sentiment at 1-1/2-Year High in July
The French consumer confidence indicator increased to 102 in July 2019 from 101 in the previous month and beating market expectations of 101. It was the highest reading since January last year, amid improvements in household’s future financial situation (-5 from -6 in June); major purchases intentions (-8 from -11) and expected saving capacity (-1 from -2). Additionally, concerns about unemployment dropped (14 from 16) while the share of households considering that the future standard of living in France will improve in the next twelve months was unchanged (-23, the same as in June). Meantime, the share of households considering that prices will be on the rise during the next twelve months was virtually stable (-23 from -22).

2019-06-26
French Consumer Confidence Highest in Over a Year
The French consumer confidence indicator rose to 101 in June 2019 from 99 in the prior month and above market expectations of 100. It was the highest reading since April 2018, as households were more optimistic about the future standard of living in France (-23 from -25 in May) and their saving capacity (-3 from -6). Also, the proportion of households considering it is a suitable time to make major purchases increased again, for the sixth straight month (-12 from -13). Meantime, consumers' fears about their personal finances went up slightly (-6 from -5), while concerns over unemployment (at 16) and inflation (at -22) did not change.


France Consumer Confidence
In France, the consumer confidence index is based on a survey of about 2 000 households. The questionnaire focuses on: past and future economic situation in France, past and future personal financial situation, unemployment, intention to make major purchases, current savings capacity and expected savings capacity. The indicator is calculated using factor analysis technique. The index is then calculated in a way to measure the current sentiment in relation to the historic index values of the period 1987-2011. A value over 110 indicates unusually high optimism and a value under 90 indicates unusually high pessimism. The value 100 indicates neutrality.

France Consumer Last Previous Highest Lowest Unit
Consumer Confidence 102.00 105.00 131.00 79.00 points [+]
Retail Sales MoM 1.10 0.10 3.60 -6.10 percent [+]
Retail Sales YoY 2.60 1.60 9.50 -9.00 percent [+]
Consumer Spending 312820.00 311674.00 312820.00 38586.00 EUR Million [+]
Disposable Personal Income 367412.00 364658.00 367412.00 2496.00 EUR Million [+]
Personal Savings 14.78 14.60 21.82 10.32 percent [+]
Households Debt To GDP 60.60 60.20 60.60 18.60 percent of GDP [+]
Households Debt To Income 95.88 93.29 95.88 54.15 percent [+]
Personal Spending 0.10 0.20 5.00 -5.20 percent [+]
Bank Lending Rate 1.71 1.74 6.29 1.67 percent [+]
Consumer Credit 1472844.00 1467870.00 1472844.00 383474.00 EUR Million [+]
Gasoline Prices 1.77 1.72 2.09 0.99 USD/Liter [+]
Consumer Confidence Current Conditions -38.59 -38.75 29.12 -80.60 [+]
Consumer Confidence Economic Expectations -9.53 0.59 20.00 -65.55 [+]
Consumer Confidence Financial Expectations -9.49 -3.07 16.00 -30.03 [+]
Consumer Confidence Major Purchases Expectations -0.88 -0.96 35.00 -41.52 [+]
Consumer Confidence Price Trends -31.94 -40.55 33.57 -61.10 [+]
Consumer Confidence Savings Expectations 9.26 7.22 39.03 -38.00 [+]
Consumer Confidence Unemployment Expectations 8.36 5.73 84.57 -40.27 [+]