French consumer confidence fell back again in December, after the highest level in about two years was reached in November. Among other things, households in France have become slightly more negative about the prospects for personal financial situation and purchasing power, according to the French statistics agency.
The confidence index dropped to a level of 102, following a revised 105 in November. Economists generally provided an estimate of 104 for December. Consumer confidence in France came under pressure earlier due to the protests of the yellow vests. President Emmanuel Macron responded to the nationwide and sometimes violent protests with tax cuts for households.