France Consumer Confidence

Last Release

Mar 31, 2024

Actual

Units In

Points

Frequency

Monthly

Next Release

Apr 26, 2024

Time to Release

28 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
132 May 1973	79 May 2013	100.2 Points	1972-2024	N/A

In France, the consumer confidence index is based on a survey of about 2 000 households. The questionnaire focuses on: past and future economic situation in France, past and future personal financial situation, unemployment, intention to make major purchases, current savings capacity and expected savings capacity. The indicator is calculated using factor analysis technique. The index is then calculated in a way to measure the current sentiment in relation to the historic index values of the period 1987-2011. A value over 110 indicates unusually high optimism and a value under 90 indicates unusually high pessimism. The value 100 indicates neutrality.

Latest Updates

The consumer confidence indicator in France rose to 91 in March 2024, reaching January’s near two-year high and compared to market estimates and February’s 90. Still, the latest reading remained below the long-term average of 100. Consumers were less pessimistic regarding the outlook for the financial situation (-8 vs -11 in February), and the standard of living (-41 vs -42). Additionally, the share of households believing it is a favorable time to make major purchases increased (-34 vs -40), unemployment prospects declined (22 vs 26), and future inflation is seen lower (-50 vs -48).