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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
MNI (London)
FRANCE OCT CONSUMER SENTIMENT 82; SEP 79
- French consumer confidence surprised to the upside in October, improving by three points to 82 instead of seeing an expected two-point slide to a fresh record low. The indicator remains pessimistic and below the long-run average of 100.
- Households' expected financial conditions improved in October alongside a marked rebound in future standard of living conditions in France. Unemployment concerns remained stable following a sharp increase in September and inflation expectations also stabilised, despite remaining high.
- This combination of improvements is an early indication that the French consumer likely sees the economy rebounding after the anticipated European winter recession plagued by high energy prices.
- On Friday French GDP is expected to weaken to +0.1% q/q in the Q3 flash estimate (vs +0.5% q/q in Q2), whilst flash HICP data sees another uptick in price growth to +6.5% y/y.
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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