
Consumer confidence is a measure of popular sentiment concerning the French economy. The figure is derived from a telephone survey of 2000 of French households that inquires about expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Thus, d omestic consumer confidence is an important gauge of overall economic activity and inflationary expectations.
The headline figure is the difference between the percentage of positive responses and the percentage of negative answers.
Relevance:
Rarely affects markets
Release Schedule: Monthly
Source of Report: ECB
Web Address: http://www.ecb.int/ecb/orga/decisions/genc/html/index.en.html
Address of Release: N/A
AKA : The ECB General Council
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