Financial News: French Consumer Sentiment Weakest Since 2023

French Consumer Sentiment Weakest Since 2023

08/26/2025 - 05:20:00 (RTTNews)

(RTTNews) - France's consumer confidence weakened to the lowest level since October 2023 largely due to the weaker outlook for standard of living and the fall in saving intentions.

The consumer sentiment index edged down to 87 in August from 88 in July. This was the lowest reading since October 2023 and remained below its long-term average of 100.

The survey showed that assessment regarding consumers' future personal financial situation deteriorated. After three months of stability, the index dropped to -16, which was the lowest since September 2023.

Meanwhile, the one related to their past personal financial situation gained one point to -21.

The proportion of households believing it as a good time in the current economic situation, to make major purchases dropped slightly to -27.

In August, the proportion of households believing it is a good idea to save declined sharply by seven points to 35. At the same time, opinion regarding consumers' ability to save on the current and future period dropped one point each, the survey showed.

Assessment about past and future standard of living declined again. The balance related to future standard of living dropped two points to -64, the lowest since March 2023. The one related to past standard of living slid three points to -74.

Further, households' fears about unemployment rebounded in August, with the balance rising two points to 56.

Regarding price pressures, the survey showed that the proportion of households who consider that prices will accelerate over the next twelve months increased again. The balance climbed five points to -25, and hit its highest level since March 2023.

Meanwhile, the proportion of households who consider that prices increased sharply over the past twelve months dropped three points to -9.

The survey was conducted among 2,000 households between July 28 and August 18.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Govt Has Started To Fire Federal Workers (51 min(s), 07 sec(s) ago)
(RTTNews) - The U.S. government has started to layoff federal employees, the Office of Management ...Full Story»

U.S. Consumer Sentiment Virtually Unchanged In October (17 min(s), 07 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed its reading on U.S. c ...Full Story»

Latvia Trade Deficit Narrows In August (35 min(s), 07 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit decreased in August from a year ago, as exports gre ...Full Story»

Turkey Retail Sales Growth Eases To 12.2% (18 min(s), 07 sec(s) ago)
(RTTNews) - Turkey's retail sales growth moderated for the third straight month in August, tho ...Full Story»

Slovakia Industrial Output Shrinks Most In 17 Months (57 min(s), 07 sec(s) ago)
(RTTNews) - Slovakia's industrial production decreased at the steepest pace in nearly one-and- ...Full Story»

Swiss Consumers Less Pessimistic In September (03 min(s), 07 sec(s) ago)
(RTTNews) - Confidence among Swiss consumers remained slightly less negative in September, survey ...Full Story»

Portugal Inflation Confirmed At 2.4% (10 min(s), 07 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation eased as initially estimated in September to t ...Full Story»

Romania Q2 GDP Growth Unrevised At 0.3% (12 min(s), 07 sec(s) ago)
(RTTNews) - Romania's economic growth held steady in the second quarter, confirming the previo ...Full Story»