French households turned more confident in economic situation in October than a month earlier as the index gained 2 points, but the households\' confidence was still below its long-term average, the national statistics Insee said Tuesday. Within the month, households appreciation of their past and future financial situation increased, so did their opinion about current saving capacity with 2 and 3 points more than those in September respectively. However, either the sentiments about past and future financial situation or households\' willingness to make major purchases all \"remain below their long-term averages,\" Insee said on its website. As to general economic situation in France, households showed less pessimistic about the future situation in October compared with the opinion between July and September. Fewer families expected rise in unemployment and \"a declining inflation\" was anticipated. The jobless rate in metropolitan France stood at 9.1 percent so far as to the second quarter of this year after reporting around 2.6 million jobless population. France, Europe\'s second largest economy is eager to quicken growth to 2 percent this year and to 2.5 percent by 2014 to digest the growing demand of job seekers and create enough jobs in the country of over 65 million population. Nevertheless, given the worrisome euro debt crisis that weighing down France\'s growth momentum, the government is considering to revise down the growth target this year as well as the next.
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor