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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
FRANCE DATA
MNI (London)
FRANCE SEP CONSUMER CONFIDENCE 79 (FCST 80); AUG 82
- French consumer confidence fell a further three points in September, back to the July low, following a 2-point improvement in August which largely coincided with a brief deceleration in CPI. This follows the all-time confidence-low recorded in Germany.
- The cost-of-living increase of high inflation and negative economic growth outlooks took a further toll on consumers this month, reducing the propensity to buy which ultimately limits spending in upcoming months. After +0.2% q/q growth in Q2, a contractionary Q3 is a strong possibility.
- A notable sharp increase in unemployment fears was recorded, despite remaining low. Headline CPI is anticipated to see little relief in September, with a 0.1pp uptick to 6.0% y/y expected in Friday's flash.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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