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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
France Consumer Sentiment printed a touch lower than expected at +90 (vs +91 consensus, +90 prior), but remains in the range of 88-91 since November 2023.
- From the sub-components of particular interest is that 'Financial Situation, next 12 months' fell for the second consecutive month by 2 points to -14 - the lowest since October 2023 and taking it further below it's long term average of -7.
- Meanwhile, the proportion of households expecting to make major purchases in next 12 months rose for the third consecutive month by 1 point to -32, although it remains below it's long term average of -15. The sub-component 'Expected saving capacity' also rose for the third consecutive month by 1 point to 12, keeping it above the long term average of -7.
- Finally, Unemployment in the next 12 months rose 5 points to 27, the highest since August 2021, although it remains below the 2019-2022 average of 29.
- The survey was conducted with around 2,000 households between April 25 and May 18.
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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