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France Consumer Sentiment Remains in Recent Range

FRANCE DATA
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France Consumer Sentiment printed slightly lower than expected at +90 (vs 92 consensus, +91 prior), but have remained in a range between 88-91 since November 2023.

  • The long-term average is 100 (between January 1987 and December 2023), whereas the 2023 average was 85, so we are slightly above last year's levels but below the long-run average still.
  • The slight fall relative to last month is driven by the components 'General economic situation in the next 12 months', which fell 6 points to -48, the lowest since October 2023, 'Financial situation, next 12 months' which dropped 3 points to -12 - also the lowest since October 2023 and 'Consumer prices, past 12 months' which fell 8 points to 36, the lowest since January 2022.



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France Consumer Sentiment printed slightly lower than expected at +90 (vs 92 consensus, +91 prior), but have remained in a range between 88-91 since November 2023.

  • The long-term average is 100 (between January 1987 and December 2023), whereas the 2023 average was 85, so we are slightly above last year's levels but below the long-run average still.
  • The slight fall relative to last month is driven by the components 'General economic situation in the next 12 months', which fell 6 points to -48, the lowest since October 2023, 'Financial situation, next 12 months' which dropped 3 points to -12 - also the lowest since October 2023 and 'Consumer prices, past 12 months' which fell 8 points to 36, the lowest since January 2022.