April 27, 2022 06:45 GMT
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.