French Consumer Confidence Tanks As Bond Crisis, Far-Left Riots Deepen Gloom
35 Articles
35 Articles
Consumer sentiment index drops 5 points to 80, reaching the lowest level since June 2013 as inflation, jobless fears weigh on households
The indicator drops to 80 points in October, with a deterioration in economic expectations, savings and employment.
Consumer confidence in France plummeted in October to its lowest level in thirteen years. The sharp decline follows recent unrest over the country's high national debt, the political impasse surrounding the government's austerity measures, and protests against the rising cost of living, which escalated into riots and looting in many French cities.
French consumer confidence hits a 2013 low in October amid protests
Household confidence deteriorated sharply in October 2026, says INSEE this Tuesday. The indicator stands at 80, its lowest level in more than 13 years. - Household confidence at the lowest since June 2013, according to INSEE (Economy).
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