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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 MAR CONSUMER CONFIDENCE 81 (= FCST); FEB 82
- French consumer confidence weakened for a second consecutive month in March, edging down by one point to 81, in line with consensus expectations.
- The index has remained in the 80s range since April 2022, markedly below the long-run average of 100.
- The weaker March indexed was in part driven by a small decrease across 12-month standard of living evaluation, likely linked to substantial strike action and civil unrest this month in France. An easing in propensity to save was also recorded.
- Forward-looking inflation expectations were largely unchanged, inching up by one point, yet major purchasing intentions was again stable at -40, implying that French propensity to spend is still subdued, in line with French retail sales remaining muted throughout Q1.
- Looking forward, the final eurozone March release and details are due tomorrow at 1000 BST, after the flash consumer confidence headline index was broadly unchanged.
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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