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French consumer confidence steady in December

Staff writer |
French consumer confidence was stable in December for the third consecutive month, belying concerns that the November terror attacks would rattle households in the eurozone's second-largest economy.

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Consumer confidence measured by Insee was stable at 96 in December. Economists polled by The Wall Street Journal had forecast a one point decline to 95.

French consumers' assessment of their future financial situation and capacity to save improved. However, households had a gloomier assessment of standards of living, while unemployment expectations were on the rise, Insee said.

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