The French consumer confidence indicator rose to 91 in January 2019 from a downwardly revised 86 in December and beating market expectations of 88. Improvement was seen in households' future financial situation (-15 from -23 in December); expected saving capacity (-13 from -20) and willingness to make major purchases declined at a softer pace (-22 from -32). Meantime, worries about unemployment increased (34 from 32) while inflation expectations fell further (-42 from -26). Consumer Confidence in France averaged 100.99 Index Points from 1972 until 2019, reaching an all time high of 130 Index Points in May of 1973 and a record low of 79 Index Points in June of 2013.
Consumer Confidence in France is expected to be 89.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in France to stand at 91.00 in 12 months time. In the long-term, the France Consumer Confidence is projected to trend around 99.00 Index Points in 2020, according to our econometric models.