Free Trial
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 MAY CONSUMER CONF IND 97; APR 95r
- Consumer confidence rose 3pt to 97 in May, confirming market expectations and showing the highest level since Mar 2020.
- Despite the uptick, the indicator remains below the long-term average of 100.
- The fear of unemployment declined markedly, down 13pt to the lowest level since Mar 2020.
- Household's assessment of their future financial situation and the general economic conditions in the next year saw monthly gains of 3pt and 9pt, respectively.
- Consumer's savings intentions eased slightly by 3pt, but they remain high in a historical context, while intentions to make major purchases remained unchanged.
- Both the current and expected savings capacity rose in May and households expect higher prices in the next 12 months.
- Restrictions have been eased in mid-May in France, which bodes well household confidence. Moreover, the vaccination program is gaining momentum which should provide an additional boost going forward.
Source: Insee
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok