Investing

French Consumer Confidence Levels Good--Insee

Insee, the French statistics bureau, reported relatively strong household and business confidence. France is one of the few nations in the EU which is not expected to go into recession this year, which may explain the results

Insee reports:

In February, households appreciation of their past financial situation decreased by 2 points. On the other hand, the one of their future financial situation rose by 2 points, though remaining below its long–term average. Households were also more numerous than in January to consider it opportune to make major purchases (+5 points).

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