- Analytics
- News and Tools
- Market News
- Consumer confidence in France rose more than expected in May
Consumer confidence in France rose more than expected in May
According to the report from National Institute of Statistics and Economic Studies (Insee), in May 2019, households’ confidence in the economic situation has clearly increased : the synthetic index has gained 3 points. At 99, it almost returns to its long term average (100). Economists had expected an increase to 97.
In May, households’ opinion balance on their future personal situation continued to improve: it has gained 3 points and now stands above its long term average. Households’ opinion balance regarding their past financial situation has improved as well: it has gained 2 points but remains below its long term average.
The share of households considering it is a suitable time to make major purchases has increased again. The corresponding balance has gained 2 points and now stands above its long term average.
In May, households’ opinion balance on their saving capacity has improved slightly. Indeed, the expected saving capacity balance has gained 2 points while the current one has gained 1 point. Both balances now stand above their long term average.
The share of households considering it is a suitable time to save has been virtually stable and remains below its long term average.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
