France’s consumer confidence remained unchanged in April, defying expectations for an easing, preliminary data from the statistical office INSEE showed Wednesday.
The consumer confidence index reading was 94.0, same as in March. Economists had expected 93.0. In February, the score was 91.
The confidence level remains below its long-term average of 100.
Households’ expectations regarding their future financial situation weakened and the corresponding sub-index fell to -8 from -4.
Meanwhile, they were less pessimistic about making major purchases and the relevant sub-index climbed to -12 to -14.
In April, the share of households considering it is a suitable time to save has increased again. The corresponding balance gains two points in April and reach a new historical high.
Consumers were inclined to save more now and in future, and the relevant index gained. The index for the current saving intentions hit a record high of 44.
The index reflecting households’ unemployment fears remained almost stable, but at a high level of 67.
The measure for expectations on the future standard of living was stable and the index reflecting inflation expectations increased.
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.