French Consumer Confidence Unchanged as Jobless Claims RiseVidya Root
French consumer confidence was unchanged as jobless claims rose to a 15-year high.
Household sentiment held at 86 in February, national statistics office Insee said today in a release from Paris. That’s in line with the median of forecasts from eight economists gathered by Bloomberg News.
French jobless claims rose last month to 3.17 million, the labor ministry said yesterday. The increase brought such claims close to the country’s historic peak in January 1997, when they stood at 3.21 million.