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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 MAY CONSUMER SENTIMENT 86 (FCST 89); APR 87r
- Consumer confidence weakened by a further point in May, well below the long-term average of 100.
- Soaring inflation chipping at disposable incomes and economic uncertainty surrounding the Ukraine war constinue to weigh on sentiment.
- Future financial expectations remained unchanged, whilst propensity to make major purchases saw a slight increase. The expected living standards fell further. For the second month running, a rising number of French consumers see prices slowing 12 months out.
- German and UK consumer confidence also remain very weak, with Friday's UK GfK index at a record low, whilst Germany saw a minimal uptick this morning. Italian confidence is due tomorrow.
Source: Insee
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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