RTTNews - Friday, the French statistical office INSEE said in a report that the consumer confidence stood at minus 37 in June, up from minus 40 in May. Economists had expected a reading of minus 39 for June. A year earlier, the indicator was at minus 47.
Households' confidence about expected and past living standards slightly improved in June, while their expected and past personal financial position increased.
Similarly, households assessment regarding the timeliness of making major purchases continue to improve in June.
Further, households were more pessimistic about their future unemployment.
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