France Consumer Confidence Hits 3-Year Low

The consumer confidence indicator in France fell to 82 in May 2026 from 84 in April, below expectations of 83, marking its lowest level since March 2023 and moving further below its long-term average of 100. Households grew more pessimistic about their financial situation, with views on both past (-29 vs -26 in April) and expected finances (-20 vs -19) deteriorating further. Assessments of living standards in France also weakened, both past (-81 vs -75) and future (-70 vs -69). Major purchase intentions declined sharply to -40 from -35, while unemployment expectations remained elevated at 54, despite easing slightly from 56. Meanwhile, households’ perceptions of past price increases continued to rise (27 vs 25), while future inflation expectations eased (2 vs 10). Saving intentions edged higher to 40 from 39, while both current and expected saving capacity remained unchanged at 18 and 14, respectively.
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