France's consumer confidence indicator rose to minus 41 in April from March's revised reading of minus 42, the statistical office INSEE said Tuesday. Meanwhile, economists had expected the indicator to log minus 43, which was the initial estimate for March.
The statistical office said households were more optimistic about their expected living standards, while the measure for past living standards indicator slightly decreased.
With regard to personal financial position, more households considered it improved in April. They were also more optimistic about their future financial position.
However, households' assessment regarding the timeliness of making major purchases decreased in April after showing an improvement in March.
Further, for the second straight month, households continued to be more pessimistic about future unemployment.
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