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.