Arab Today, arab today french consumers ever gloomier about economy
Last Updated : GMT 11:21:26
Arab Today, arab today
Arab Today, arab today

French consumers ever gloomier about economy

Arab Today, arab today

Arab Today, arab today French consumers ever gloomier about economy

Paris - AFP

French consumers are deeply pessimistic, being as gloomy as they have ever been since 1987, official data showed on Tuesday. They are increasingly worried about the outlook for their living standards, a monthly index compiled by the national statistics institute INSEE showed. The index measures household confidence, which determines the level of household consumption, a key driver of growth in any economy and particularly so in France which is burdened by a big structural trade deficit. The index in May fell to 79 points from 83 points in April. This reading is equal to the lowest level reached since 1987, in July 2008, at the height of the financial crisis. The average for the period from January 1987 to December 2012 was 100 points. Households, when asked for their view of future living standards in France, gave answers which took this specific measure down another 2.0 points to the absolute lowest level during the reference period. Households also showed an increasing belief that the unemployment rate, now 11.0 percent of the workforce, will rise.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today french consumers ever gloomier about economy Arab Today, arab today french consumers ever gloomier about economy

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today french consumers ever gloomier about economy Arab Today, arab today french consumers ever gloomier about economy

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday