French consumer confidence plunges to lowest level since 2013 amid protests

French consumer confidence plunged to its lowest level in more than 13 years in October, as widespread protests against the government’s economic policies added to concerns over the cost of living and rising prices.

The consumer confidence index fell five points to 80 in October, down from a revised 85 in September, according to official data released by France’s national statistics agency INSEE on Tuesday. Economists polled by Reuters had expected the index to remain unchanged at 85.

The latest reading marks the lowest level since June 2013 and remains significantly below the long-term average of 100 recorded between January 1987 and December 2025.

France has been witnessing a wave of protests that began with student demonstrations in suburban Paris in September over school conditions before expanding into broader opposition to the government’s economic policies.

Rising price pressures weigh on households

Household concerns over inflation intensified in October. The share of consumers who believe prices have risen sharply over the past 12 months increased by eight points, following a six-point rise in September.

Sentiment regarding personal finances also deteriorated. Assessments of households’ past financial situations fell by nine points, while expectations for their future financial positions declined by six points.

More from Business

Concerns over unemployment also resurfaced, with fears about the trend in joblessness rising by five points after declining in September.

The data point to mounting pressure on French households as persistent concerns over prices, personal finances and employment weigh on consumer sentiment.

Savings sentiment weaken

French households also became less optimistic about their ability to save. The proportion of consumers who consider October a favourable time to save fell by six points, although views on their current ability to save remained stable.

The deterioration in consumer confidence underscores the challenges facing the French economy as households grapple with rising living costs and uncertainty over economic policy.