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French consumer confidence dropped for the first time in four months, the statistical office INSEE said on Tuesday.
The seasonally adjusted sentiment indicator decreased to minus 31 in December from minus 30 in November. Economists expected a reading of minus 30.
In December, households' assessment on past financial situation improved to minus 20 from minus 22 in November, while future financial situation dropped to minus 10 from minus 8. Their view on past economic situation remained unchanged and future economic situation dropped. Households expectations about unemployment decreased by one point. Consumers assessment on past inflation slightly increased and future inflation edged up by 3 points.
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