FX.co ★ French Consumer Morale Above Expectations

France’s consumer confidence index rose to 84 in June 2026, up from 82 in May, when it had hit its lowest level in more than three years, and slightly above market expectations of 83. Households were less pessimistic about their financial situation, with perceptions of both past (-28 vs -29 in May) and future finances (-16 vs -19) showing improvement. Views on future living standards in France also brightened (-65 vs -70), although assessments of past living standards deteriorated slightly (-81 vs -80). Major purchase intentions became marginally less negative (-38 vs -39). Saving intentions ticked up (41 vs 40), even as current savings capacity eased slightly (16 vs 18) and expectations for future savings capacity were unchanged (14). By contrast, unemployment expectations remained high (60 vs 55). On prices, households’ perceptions of past price increases softened (23 vs 25), while inflation expectations fell sharply into negative territory (-15 vs 0).