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WorldPosted at: Jun 28 2017 12:24PM


French consumer confidence rises to 10-year high -INSEE

PARIS, Jun 28 (Reuters) French consumer confidence rose in June to reach 108 points from 103 points in May, marking its highest level in 10 years, the official INSEE statistics agency said on Wednesday.
A Reuters poll of economists had given an average forecast of 103 points for the June consumer confidence level, while the May figure had been revised up from its original level of 102 points.
INSEE said French households were growing more confident over their personal financial situations, with INSEE having revised its French first quarter economic growth forecast up to 0.5 percent from 0.4 percent earlier this month.
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