The consumer confidence in France increased to 97 in June of 2020 from 93 in May, beating market forecasts of 95, due to the end of the coronavirus lockdown. Still, the reading remained below its long-term average of 100. There was an improvement in expected saving capacity (8 from -1) and households' assessment was less negative for the financial situation (-8 from -20), purchasing intentions (-14 from -45) and standard of living (-52 from -69). On the other hand, unemployment fears increased again (78 from 76).

Consumer Confidence in France averaged 101 points from 1972 until 2020, 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. France Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: INSEE, France

Consumer Confidence in France is expected to be 95.00 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 97.00 in 12 months time. In the long-term, the France Consumer Confidence is projected to trend around 98.00 points in 2021 and 101.00 points in 2022, according to our econometric models.

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France Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
97.00 93.00 131.00 79.00 1972 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-27 07:45 AM Mar 103 104 92 92
2020-04-28 06:45 AM Apr 95 103 83 85
2020-05-27 05:30 AM May 93 95 92 97
2020-06-26 06:45 AM Jun 97 93 95 94
2020-07-29 06:45 AM Jul 97
2020-08-26 06:45 AM Aug
2020-09-25 06:45 AM Sep 95
2020-10-29 07:45 AM Oct


News Stream
France Consumer Confidence Beats Forecasts
The consumer confidence in France increased to 97 in June of 2020 from 93 in May, beating market forecasts of 95, due to the end of the coronavirus lockdown. Still, the reading remained below its long-term average of 100. There was an improvement in expected saving capacity (8 from -1) and households' assessment was less negative for the financial situation (-8 from -20), purchasing intentions (-14 from -45) and standard of living (-52 from -69). On the other hand, unemployment fears increased again (78 from 76).
2020-06-26
France Consumer Confidence Continues to Fall
The consumer confidence in France edged down to 93 in May of 2020 from 95 in April and compared to market forecasts of 92. There was a deterioration in household’s assessment of the past financial situation (-9 from -7) and standard of living (-48 from -31) and expected saving capacity also worsened (-1 from 0). On the other hand, intentions to make major purchases (-45 from -60) were assessed less negative.
2020-05-27
France Consumer Confidence Falls at Record Pace
The consumer confidence indicator in France fell to 95 in April of 2020 from 103 in March, compared to market expectations of 83. It is the biggest drop ever and the lowest reading in 14 months, after lockdown measures were introduced on March 17th, aiming to contain the coronavirus spread. Willingness to make major purchases fell to a record low (-59 vs -16). The future financial situation worsened sharply (-22 from -7), the biggest drop ever and the lowest reading since May of 2014. A record decline was also seen for the future standard of living (-71 from -36) and unemployment concerns jumped (58 from 16).
2020-04-28
French Consumer Confidence Worsens in March
France's consumer confidence indicator edged down to 103 in March of 2020 from 104 in the previous month but above market expectations of 92, after the government's announcement of drastic measures to contain the outbreak and its economic impact. Households' concerns about unemployment (16 vs -6 in February), financial situation (-7 vs -5) and the future standard of living (-36 vs -26) increased sharply. Also, the willingness to make major purchases went down (-16 vs -9). On the other hand, the assessment of the current and future savings capacity rose slightly.
2020-03-27

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.