Consumer confidence in France stood at 100 in February of 2017, the same as in January and in line with markets consensus. Confidence remained at the highest level since October 2007, as concerns over unemployment (20 from 19 in the prior month) and households’ opinion on their personal financial situation in the next twelve months (-6 from -5) were virtually stable while their saving intention for the coming year improved markedly (-2 from -6). At the same time, consumers’ opinion on their current saving capacity strengthened (11 from 8) and the share of households considering it has been a suitable time to make major purchases increased. Meantime, there were less households’ to expect price increases in the next twelve months. The long term-term average for the index was also came in at 100. Consumer Confidence in France averaged 100.97 from 1972 until 2017, reaching an all time high of 129 in May of 1973 and a record low of 80 in May of 2013.
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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. 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 – actual data, historical chart and calendar of releases – was last updated on February of 2017.