French Consumer Sentiment Weakens In September

French consumer confidence eased marginally to 85 in September from 86 in August, the statistical office Insee said Wednesday. The index was forecast to remain at 86.

Assessment of past and future financial situation fell by 1 point each to -29 and -21, respectively. Likewise, major purchases intention for coming year slipped to -29 from -28.

Meanwhile, the indicator for saving intentions rose to 30 from 27. The current saving capacity rose to 18 from 15, while expected saving capacity remained unchanged at -5.

General economic situation over the last year came in at -77, compared to -73 in August. At the same time, future economic situation dropped to -56 from -51.

The indicator for unemployment for next 12 months climbed to 73 from 69. Households perceived a increasing inflation.