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Trends in Consumer Confidence Index in France

Country:
FRFFrance
Importance:
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Trends in Consumer Confidence Index in France

The Consumer Confidence Index measures how French consumers perceive the current and future economic conditions. This data is published monthly by INSEE (the French National Institute of Statistics and Economic Studies) and is crucial for evaluating consumer confidence and purchasing intentions.

The index is benchmarked at 100, where a value above 100 indicates strong consumer confidence, and below 100 indicates weak consumer confidence. An increase in the Consumer Confidence Index suggests heightened consumer willingness to purchase, potentially leading to economic expansion. Conversely, a decrease in the index suggests reduced consumer purchasing intentions and potential economic stagnation.

This data serves as a reference for policymakers to assess consumer confidence and formulate appropriate economic policies. Additionally, it is an essential source of information for businesses and investors in understanding consumer trends and forecasting economic outlooks.

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