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.