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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 FEB CONSUMER CONFIDENCE 82, JAN 83
- French consumer confidence edged down by one point to 82 in February, following the upwardly revised Jan data (due to a calculation error).
- The indicator remains only a few points above the September low and in deeply negative territory.
- Personal finance outlooks weakened and propensity to make major purchases was stable, dragging further on household consumption in the near-term.
- 12-month inflation expectations edged up in February. This follows the January HICP print, which edged up 0.3pp to +7.0% y/y, only 0.1pp below the October/November high.
- This uptick was largely due to the winding back of government energy support measures, which saw fuel and regulated gas prices jump recently.
- A continued decline in French inflation will be necessary if consumer sentiment is to improve over the coming months.
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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