French Consumer Morale Steady in June

France’s consumer confidence held steady at 88 in June 2025, unchanged from the previous month and coming in just below market expectations of 89. The index remained well below its long-term average of 100 and stood at its weakest reading since December 2024. Key components of the index showed little movement, with sentiment around personal financial expectations remained stable at -14, while the willingness to make major purchases held at -27. Inflation expectations were also unchanged at -38. However, outlook for future living standards turned slightly more pessimistic, slipping to -60 from -59. On a more positive note, concerns over future unemployment eased slightly, with the index improving to 59 from 61. Meanwhile, households reported a more optimistic view of their expected saving capacity, which rose to 12 from 10, and an increase in saving intentions, up to 40 from 36.