French consumer confidence hits five-month low of 90, reflecting growing economic pessimism.

French consumer confidence weakened to 90 in November, the lowest in five months, according to INSEE. The consumer sentiment index dropped from 93 in October, staying below the long-term average of 100. Consumers are more pessimistic about the economy, financial situation, and unemployment, with fears about rising prices also increasing.

November 27, 2024
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