Affected by multiple shocks such as the sell-off in the bond market and the evolution of protests into riots, France's consumer confidence index fell to a 13-year low in October. French statistics agency Insee said on Tuesday that this monthly indicator fell 5 points to 80, and respondents' concerns about their own financial situation, standard of living, and unemployment increased. This figure is lower than the median estimate of 85. Against the backdrop of repeated increases in inflation and turbulent political and budget situations, the indicator has been hovering below the long-term average of 100 for five consecutive years. The latest data does not yet reflect the full impact of France's current predicament. Although the statistics deadline is October 19, most responses were collected at the beginning of the three-week survey period.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.