India, Aug. 26 -- France's consumer confidence weakened to the lowest level since October 2023 largely due to the weaker outlook for standard of living and the fall in saving intentions.
The consumer sentiment index edged down to 87 in August from 88 in July. This was the lowest reading since October 2023 and remained below its long-term average of 100.
The survey showed that assessment regarding consumers' future personal financial situation deteriorated. After three months of stability, the index dropped to -16, which was the lowest since September 2023.
Meanwhile, the one related to their past personal financial situation gained one point to -21.
The proportion of households believing it as a good time in the current economic situati...