Tuesday, January 29, 2008

French Jan consumer confidence indicator -34 vs -30 in Dec - Insee

PARIS (Thomson Financial) - A composite indicator of consumer confidence in France fell to -34 in January from -30 in December on a seasonally adjusted basis, according to a monthly 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 indicator on consumers past personal financial situation was -25 in January compared with -23 a month earlier, while the outlook for personal finances was -13 versus -10.
Past French standard of living was -64 compared with -62 the month before, and the outlook for the French standard of living stood at -44 versus -32.
The Insee indicator showing the inclination to buy consumer goods was -24 on the month against -23 in December. helen.beresford@thomson.com hem/ejb COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. MMMM

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