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Financial News: France Consumer Confidence Stable In October

France Consumer Confidence Stable In October

10/29/2019 - 05:41:00 (RTTNews)

(RTTNews) - France's consumer confidence remained steady in October, after rising for nine months, preliminary data from the statistical office INSEE showed on Tuesday.

The consumer confidence index showed a reading of 104, same as in September. Economists had also expected the index to hold steady.

The score remained above its long-term average of 100.

Households' expectations regarding their future personal financial situation expectation declined in October, while the share of those who felt it is a good time to make big purchases increased slightly.

Consumers' expectations on their saving capacity also eroded significantly in October, but the share of households who considered it a suitable time to save increased.

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