Friday, September 29, 2006

French Sept consumer confidence rises to -22 from -25 in July

A composite indicator of consumer confidence rose to -22 in September from -25 in July on a seasonally adjusted basis, according to a 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. The survey is normally monthly but there was none in August. Economists polled by AFX News had been expecting the indicator to rise only slightly to -24.

0 Comments:

Post a Comment

<< Home