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Consumer Confidence Eased in Jul

FRANCE DATA
(MNI) LONDON

Consumer Confidence Indicator: 94; Prev (Jun): 96

  • Household sentiment edged down 2 pt in Jul in contrast to markets
    looking for an uptick to 99
  • Sentiment in Jun was revised down by 1pt to 96
  • Jul's downtick was driven by a lowered assessment of the past living
    situation (-9pt) and a decline of inflation expectations (-9pt)
  • On the other hand, consumer's savings intentions jumped 9pt in Jul, holding
    further deterioration back
  • Households opinion about their future financial situation dropped slightly in
    Jul (-1pt), while their assessment of the current financial situation fell 2pt
  • The fear of unemployment eased marginally in Jul, but remains elevated with
    the index still registering above the long-term average
  • Consumer's intentions to make major purchases cooled by 1pt in Jul after it
    it rose significantly in Jun
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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