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MNI DATA PREVIEW: France Consumer Confidence August 2019

     LONDON (MNI) - FRANCE DATA: Consumer Confidence (Aug 2019) Preview - 07:45
BST, Tue 27.8.
------------------------------------------------------------------------------- 
- Consumer Conf Indicator: Bbg Cons: 102; Prev (Jul): 102 
- Consumer Sentiment is forecast to hold steady in August at its eighteen-month
high...
-...leaving the index slightly above the long-term average (100) 
- The share of households considering their standard of living improved during
the past year has increased in Jul 
- Additionally, consumers fears about unemployment declined slightly 
- A strong labour market, low inflation and supportive credit conditions provide
support for sentiment and spending going forward 
- Indeed, the French flash composite PMI picked up to 52.7 in Aug...
-...pointing out an increase in service sector activity with private sector
firms continuing to increase their workforce 
- Meanwhile, the flash manufacturing PMI shifted back above the 50-mark in Aug
--MNI London Bureau; +44 0203 865 3814; email: irene.prihoda@marketnews.com
[TOPICS: MAFPR$,MAXPR$,M$E$$$,M$F$$$,M$X$$$]

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