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The Zhitong Finance App learned that in the face of multiple shocks such as a wave of sell-offs in the bond market and protests that eventually turned into riots, French households are under increasing pressure, and French consumer confidence has plummeted to its lowest level in 13 years. France's National Institute of Statistics and Economics (Insee) said on Tuesday that the consumer confidence index fell 5 points to 80 in October. This figure is lower than the median estimate of 85 in media surveys, and lower than all economists' predictions. Interviewees' concerns about their financial situation, standard of living, and unemployment have all increased.
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The Zhitong Finance App learned that in the face of multiple shocks such as a wave of sell-offs in the bond market and protests that eventually turned into riots, French households are under increasing pressure, and French consumer confidence has plummeted to its lowest level in 13 years. France's National Institute of Statistics and Economics (Insee) said on Tuesday that the consumer confidence index fell 5 points to 80 in October. This figure is lower than the median estimate of 85 in media surveys, and lower than all economists' predictions. Interviewees' concerns about their financial situation, standard of living, and unemployment have all increased.
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