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.

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France Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
94.00 96.00 131.00 79.00 1972 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-28 06:45 AM Apr 95 103 83 85
2020-05-27 05:30 AM May 93 95 92 97
2020-06-26 06:45 AM Jun 97 93 95 94
2020-07-29 06:45 AM Jul 94 96 99 95
2020-08-26 06:45 AM Aug 94
2020-09-25 06:45 AM Sep 95
2020-10-29 07:45 AM Oct
2020-11-27 07:45 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
France Consumer Confidence Retreats in July
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).
2020-07-29
France Consumer Confidence Beats Forecasts
The consumer confidence in France increased to 97 in June of 2020 from 93 in May, beating market forecasts of 95, due to the end of the coronavirus lockdown. Still, the reading remained below its long-term average of 100. There was an improvement in expected saving capacity (8 from -1) and households' assessment was less negative for the financial situation (-8 from -20), purchasing intentions (-14 from -45) and standard of living (-52 from -69). On the other hand, unemployment fears increased again (78 from 76).
2020-06-26
France Consumer Confidence Continues to Fall
The consumer confidence in France edged down to 93 in May of 2020 from 95 in April and compared to market forecasts of 92. There was a deterioration in household’s assessment of the past financial situation (-9 from -7) and standard of living (-48 from -31) and expected saving capacity also worsened (-1 from 0). On the other hand, intentions to make major purchases (-45 from -60) were assessed less negative.
2020-05-27
France Consumer Confidence Falls at Record Pace
The consumer confidence indicator in France fell to 95 in April of 2020 from 103 in March, compared to market expectations of 83. It is the biggest drop ever and the lowest reading in 14 months, after lockdown measures were introduced on March 17th, aiming to contain the coronavirus spread. Willingness to make major purchases fell to a record low (-59 vs -16). The future financial situation worsened sharply (-22 from -7), the biggest drop ever and the lowest reading since May of 2014. A record decline was also seen for the future standard of living (-71 from -36) and unemployment concerns jumped (58 from 16).
2020-04-28

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.