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French Consumer Mood Regains Losses Since Yellow Vests
French Consumer Mood Regains Losses Since Yellow Vests
26 Feb 2019, 09:53 PM IST
(Bloomberg) -- French consumer sentiment jumped more than economists forecast in February, regaining all the ground lost after the Yellow Vest protests kicked off in November. Confidence at one point fell to a four-year low amid the violence, and retailers reported steep falls in sales. The rebound is good news for France’s economy, and indicates one of the temporary factors that hit euro-area growth may be starting to fade.
--With assistance from Harumi Ichikura.
To contact the reporter on this story: Fergal O'Brien in Zurich at fobrien@bloomberg.net
To contact the editors responsible for this story: Craig Stirling at cstirling1@bloomberg.net, Zoe Schneeweiss
©2019 Bloomberg L.P.
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