The consumer confidence in France edged down to 94 in July of 2020 from a downwardly revised 96 in June, well below market forecasts of 99. The decline was mainly driven by a deterioration in the past living situation (-66 vs -54) and a decline of inflation expectations (-22 vs -13). Households opinion about their future financial situation remained weak (-8) and intentions to make major purchases worsened (-15 from -14). On the other hand, savings intentions improved (23 from 14) and the fear of unemployment eased marginally (76 from 78).
Consumer Confidence in France averaged 100.99 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 August of 2020. source: INSEE, France
Consumer Confidence in France is expected to be 95.00 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 97.00 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.