French consumer confidence last month hit its highest level since August 2007, statistics showed yesterday, as more people had a positive outlook about their future earnings.
Coming in at 102 points, the consumer confidence index broke its long-term average of 100 points for the first time since the global economic crisis struck in 2007, the French national statistics agency Insee said yesterday.
The Insee survey questions consumers about their perceptions of their personal finances and the general economy.
French consumers' confidence about their personal outlook jumped by four points to reach its long-term average for the first time since September 2007.
While the figure for those who judge it a good time to make big purchases dropped by seven points, it still remained above its long-term average, said Insee.
