India, May 23 -- French consumer confidence weakened unexpectedly in May, survey data from the statistical office INSEE showed on Friday.
The consumer confidence index fell to 88 in May from 91 in April. The score was expected to rise to 93.
Almost all balances contributed negatively to the household confidence. Assessment about past financial situation and expected financial situation deteriorated in May. The past financial situation index fell to -25 from -21 and the expected financial situation index dropped to -14 from -11.
The indices measuring current saving capacity and expected saving capacity slid one point each. Meanwhile, the saving intentions index remained unchanged at 35.
The proportion of households believing it is a good...