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    French statistical office INSEE released its consumer confidence index for France on Wednesday. French consumer confidence index fell to 93 in May from 94 in April, missing expectation for a rise to 95. It was the first fall in seven months.

     

     

    The decline was driven by a pessimistic outlook regarding consumers' future saving capacity. The index of the outlook on consumers' saving capacity plunged to -5 in May from 4 April.


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