1 June 2001, 10:54 French May consumer confidence indicator -7 vs 0 in April
PARIS (AFX) - A composite indicator of consumer confidence fell to
-7 in May from 0 in April, according to a monthly survey carried out by
statistics office Insee.
The indicator represents the balance in percentage points between
consumers having experienced, or expecting, a rise in their living
standard and those seeing a decline.
Insee said consumers' outlook for their standard of living was
particularly low this month with concerns about their own financial
position, although it notes the indicator is still at a historically
high level.
Following are the consumer confidence indicator and its components:
-----------------------------MAY APRIL
Composite indicator -7 0
Past personal financial situation -7 -3
Outlook for personal finances -1 +6
Past French standard of living -15 -8
Outlook for French standard of living -16 -4
Inclination to buy consumer goods +5 +8
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