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French Consumer Sentiment Dips Further

FRANCE DATA
MNI (London)

FRANCE APR CONSUMER SENTIMENT 88 (FCST 92); MAR 90r

  • Consumer sentiment inched down by a further two points in April, to the lowest reading since December 2018 (movement of the yellow vests). The consensus was looking for a one-point recovery.
  • This is well below the long-term average of 100, with consumers highlighting a stark decrease in the propensity to make large purchases, more so than the dip seen last month.
  • Some recovery was seen in expectations of future household financial situations, albeit remaining low. The index of households expecting further acceleration of prices saw an optimistically sharp decline.

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FRANCE APR CONSUMER SENTIMENT 88 (FCST 92); MAR 90r

  • Consumer sentiment inched down by a further two points in April, to the lowest reading since December 2018 (movement of the yellow vests). The consensus was looking for a one-point recovery.
  • This is well below the long-term average of 100, with consumers highlighting a stark decrease in the propensity to make large purchases, more so than the dip seen last month.
  • Some recovery was seen in expectations of future household financial situations, albeit remaining low. The index of households expecting further acceleration of prices saw an optimistically sharp decline.