The consumer confidence in France plunged to 90 in November of 2020 from 94 in October, worse than market expectations of 92. It is the lowest reading since December of 2018, as the country entered a second coronavirus lockdown. Households were much more pessimistic concerning their future financial situation (-14 vs -9); the share of households considering it is a suitable time to make major purchases decreased markedly (-27 vs -19); and the share of households considering it is a suitable time to save has increased again (35 vs 32). Consumer confidence in France has hovered below its long-term average of 100 since April when the coronavirus pandemic started. source: INSEE, France

Consumer Confidence in France averaged 100.92 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 November of 2020.

Consumer Confidence in France is expected to be 92.00 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 96.00 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
90.00 94.00 131.00 79.00 1972 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-26 06:45 AM Aug 94 94 94 96
2020-09-29 06:45 AM Sep 95 95 94 92
2020-10-28 07:45 AM Oct 94 95 93 91
2020-11-26 07:45 AM Nov 90 94 92 91
2021-01-06 07:45 AM Dec 90
2021-01-27 07:45 AM Jan
2021-02-25 07:45 AM Feb
2021-03-26 07:45 AM Mar


News Stream
France Consumer Confidence Sinks to 2-Year Low
The consumer confidence in France plunged to 90 in November of 2020 from 94 in October, worse than market expectations of 92. It is the lowest reading since December of 2018, as the country entered a second coronavirus lockdown. Households were much more pessimistic concerning their future financial situation (-14 vs -9); the share of households considering it is a suitable time to make major purchases decreased markedly (-27 vs -19); and the share of households considering it is a suitable time to save has increased again (35 vs 32). Consumer confidence in France has hovered below its long-term average of 100 since April when the coronavirus pandemic started.
2020-11-26
France Consumer Confidence Retreats
The consumer confidence in France fell to 94 in October of 2020 from 95 in September and compared to market expectations of 93. The index remains below its long-term average of 100 since April when the coronavirus pandemic started. Households have been less optimistic about their future financial situation (-8 vs -5); the share of households considering it is a suitable time to save has declined (32 vs 34); and those considering making major purchases were stable (-18). The standard of living in the next 12 months is seen deteriorating (-54 vs -47) and unemployment is seen higher (73 vs 71).
2020-10-28
France Consumer Confidence Remains Subdued
The consumer confidence in France remained steady at 95 in September of 2020, the same as an upwardly revised 95 in August. It compares to market forecasts of 94 and remains below the long term average of 101. Improvements were seen in savings intention (34 vs 25) and saving capacity (23 vs 22). Also, the future financial situation (-5 vs -7) and the standard of living (-47 v s -52) in the next 12 months were assessed slightly less negative and price pressures slowed more (-32 vs -26). In contrast, unemployment is seen higher (70 from 69).
2020-09-29
French Consumer Morale Remains Weak in August
The consumer confidence index in France stood at 94 in August of 2020, remaining well below pre-pandemic levels and in line with market forecasts. The expected saving capacity (5 vs 9) and future saving intentions (24 vs 23) increased although the share of households considering it will be a good time to make major purchases has decreased (-19 vs -15). The assessment of the future financial situation was unchanged (-8) and unemployment expectations improved a bit (70 vs 76). Inflation expectations also eased (-25 vs -22).
2020-08-26

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.