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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
France Consumer Sentiment disappointed by falling 1 point to 89 in June (vs 90 consensus, 90 prior), but continues to remain in the range of 88-91 since November 2023.
- From the sub-components of particular interest is that 'Future savings capacity' saw a sharp decline of 4 points to 7 - returning to the March 2024 level, although above its long term average of -7. This is whilst current savings capacity rebounded 3 points to 18 - the highest since March 2022.
- In addition, 'Future standard of living' saw a deterioration of 4 points to -50 in June - the weakest level since October 2023, and significantly below its long term average of -28.
- Finally on price development, the future expectations of consumer prices sub-component saw gain of 6 points to -47 after 3 consecutive months of decline, although it remains below its long term average of 31.
- The survey was conducted with around 2,000 households between May 28 to June 17.
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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