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French consumer confidence slips in August

FRANCE DATA
MNI: FRANCE AUGUST CONSUMER CONF IND 99; JULY 100r
  • French consumer confidence retreated for the second-straight month in August, sliding to a level of 99 from a downwardly-revised 100 in July, according to Insee.
  • That follows a decline in French business confidence, which slipped to 110 from 113, in data released on Thursday, echoing ebbing corporate confidence in Germany reported earlier in the week.
  • Consumers were gloomier about both past and future situations. The index for households' past financial situation declined to -14 from -13 in July, while financial prospects slipped to -3 from -1.


MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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