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French households confidence index hits 10-year high in June

PARIS
2017-06-28 21:38

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French consumers showed more optimism about the general economy and financial situation in June, with the monthly sentiment indicator hitting 10-year high compared to May data, the national statistics bureau Insee said Wednesday.

The consumer confidence index gained five percentage points to 108 points over the period, its highest level since 2007.

Households' sentiment to their future personal financial situation had improved for the second consecutive month by two points, while their appreciation for their economy in the coming months gained 15 percentages points, Insee figures showed.

In June, people showed less pessimism about the unemployment after the index decreased for the third successive month by 9 points reaching its lowest level since 2008.

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