- CNTV English - CCTV News

Homepage > News > Biz >

French households more confident in economy in October

10-26-2011 09:09 BJT

PARIS, Oct. 25 (Xinhua) -- French households turned more confident in economic situation in October than a month earlier as the index gained 2 points, but the households' confidence was still below its long-term average, the national statistics Insee said Tuesday.

Within the month, households appreciation of their past and future financial situation increased, so did their opinion about current saving capacity with 2 and 3 points more than those in September respectively.

However, either the sentiments about past and future financial situation or households' willingness to make major purchases all "remain below their long-term averages," Insee said on its website.

As to general economic situation in France, households showed less pessimistic about the future situation in October compared with the opinion between July and September. Fewer families expected rise in unemployment and "a declining inflation" was anticipated.

The jobless rate in metropolitan France stood at 9.1 percent so far as to the second quarter of this year after reporting around 2.6 million jobless population.

France, Europe's second largest economy is eager to quicken growth to 2 percent this year and to 2.5 percent by 2014 to digest the growing demand of job seekers and create enough jobs in the country of over 65 million population. Nevertheless, given the worrisome euro debt crisis that weighing down France's growth momentum, the government is considering to revise down the growth target this year as well as the next.


Related stories

Editor:Zhang Rui |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program