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01 June 2001 10:54  French May consumer confidence indicator -7 vs 0 in April


PARIS (AFX) - A composite indicator of consumer confidence fell to -7 in May from 0 in April, 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.
Insee said consumers' outlook for their standard of living was particularly low this month with concerns about their own financial position, although it notes the indicator is still at a historically high level.
Following are the consumer confidence indicator and its components:

-----------------------------MAY APRIL

Composite indicator -7 0
Past personal financial situation -7 -3
Outlook for personal finances -1 +6
Past French standard of living -15 -8
Outlook for French standard of living -16 -4
Inclination to buy consumer goods +5 +8
.....

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