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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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Free AccessConsumer Sentiment Inches Up as Financial Outlooks Begin to Improve
FRANCE NOV CONSUMER SENTIMENT 83 (= FSCT); OCT 82
- French consumer confidence edged up a further point in November to 83, following the September low. The indicator remains pessimistic and below the long-run average of 100.
- Future financial situations and expected living standards increased, as 12-month inflation expectations eased. French CPI should soon peak after resurging to a fresh 1985 high of +6.2% y/y in October.
- Unemployment fears rose further in the November sentiment report, yet remain below average.
- Banque de France's September macroeconomic projections anticipate the economic slowdown to generate a lagged yet moderate weakening of the labour market from the beginning of 2023, with unemployment to tick up to a relatively low 8% in 2024 (latest reading 7.3% in Q3 2022).
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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.