Search

France: Confidence Index Drops In January.


London, Wednesday, 26 January 2022


In January 2022, the consumer confidence index in France declined by one point to 99, slightly above market expectations of 98 but below its long-term average of 100, signalling consumer pessimism.


Households' readiness to make large-ticket purchases has declined (-17 vs -14 in December), while their perceptions of their standard of living in the past (-56 vs -53) and the next 12 months (-33 vs -30) have become more negative.


At the same time, the proportion of families who believe that prices will rise in the coming year has grown slightly (-7 vs -8). Savings tendency, on the other hand, increased (33 vs 31).


Source: INSEE, France

(Report and edit by: The Decision Maker)