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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 CONF 83 (FCST 84); APR 83
French consumer confidence was stable in May at 83, remaining well below the long-run average of 100 and missing consensus expectations of a one-point uptick.
- Further improvements in financial situation expectations, aided by a sharp fall in inflation concerns, were evident in May, alongside an uptick in expectations of living standards in France.
- A slight increase in unemployment concerns was noted, albeit these concerns remain very low.
- As such, the general direction of forward-looking indicators pointed towards modest positive developments in the French consumer climate. The indicator largely failed to improve due to backwards looking elements such as past finances and living standards.
- Yet the propensity to make major purchases weakened by another point this month, implying that French consumer spending looks to remain pressured for the near future.
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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