Economics
French Economy Shows Resilience as Consumer Confidence Rises
- Economists had expected a decline in sentiment in November
- Fears of unemployment fall, views of living standards improve
The Galeries Lafayette department store in Paris.
Photographer: Anita Pouchard Serra/BloombergThis article is for subscribers only.
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French consumer confidence rose unexpectedly in November to reach its highest level in over two years, indicating domestic resilience of the euro area’s second-largest economy spurred by President Emmanuel Macron’s fiscal stimulus.