French consumer confidence holds steady in August | Malay Mail

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PARIS, Aug 26 — French consumer confidence held steady in August as unemployment fears eased further in the euro zone’s second-biggest economy, a survey from the INSEE statistics agency showed today. INSEE’s consumer confidence index held at 94, unchanged from July and in line with the...

A woman, wearing a protective face mask, shops at a Sephora store on the Champs Elysees Avenue in Paris May 12, 2020. ― Reuters pic

INSEE’s consumer confidence index held at 94, unchanged from July and in line with the average forecast in a Reuters poll of 14 economists. France has avoided a major spike in permanent unemployment as companies put workers on state-subsidised furloughs en masse.

 

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