The French consumer confidence indicator increased marginally to 96 in March 2019 from 95 in the prior month, matching market expectations. It is the highest reading since last August, amid improvements in households' future financial situation (-11 from -13 in February); expected saving capacity (-6 from -7) and major purchases intentions (-19 from -21). Also, inflation expectations fell (-24 from -19). Meanwhile, worries about unemployment increased (22 from 12). Consumer Confidence in France averaged 100.97 Index Points from 1972 until 2019, reaching an all time high of 130 Index Points in May of 1973 and a record low of 79 Index Points in June of 2013.
Consumer Confidence in France is expected to be 95.00 Index 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 91.00 in 12 months time. In the long-term, the France Consumer Confidence is projected to trend around 99.00 Index Points in 2020, according to our econometric models.