Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance Consumer Spending MoM climbed to 0.4% in June 2026
FMPMonthlyReleased July 2026
France Consumer Spending MoM climbed to 0.4% in June 2026, released July 2026, up 0.1% from May's 0.3% reading. The print exceeded the -0.1% consensus by 0.5%. The print is running well above the 12-month average of -0.01%. Over the past 3 months, Consumer Spending MoM averaged 0.0%, vs -0.07% in the prior 3-month window. The reading is in the 71st percentile of the trailing 24-month range.
Latest Release
0.4
Actual
-0.1
Consensus
0.3
Previous
Median Absolute Error
±0.3 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: -0.13
Actual: 0.4
Error: -0.53
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| CAC 40 | ▼ Inverse | −0.79 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.70 | INDEX | Moves against | → View |
| FTSE 100 | ▼ Inverse | −0.68 | INDEX | Moves against | → View |
| Euro STOXX 50 | ▼ Inverse | −0.59 | INDEX | Moves against | → View |
| EUR/GBP | ▼ Inverse | −0.58 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Spending MoM (France) was reported at 0.4% in July 2026. This beat the market consensus of -0.1% by 0.5%. The reading rose from the previous value of 0.3%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged -0.12%, ranging from -1.4% to 0.5% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 0.13%, up from the prior three at -0.5%. Volatility over the past year (σ 0.59%) is comparable than the prior year (σ 0.53%).
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with CAC 40 (Bearish CAC 40). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.3%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Industrial Production MoM (Aug 5) and Unemployment Rate (Aug 7).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Consumer Spending MoM - FR
Loading chart data...
About Consumer Spending MoM — France
DEFINITION
Consumer Spending MoM (Month-over-Month) is a key economic indicator that measures the change in the amount of money spent by individuals and households on goods and services in a given month. It provides valuable insights into the overall health of the economy and consumer confidence, as well as potential trends in consumer behavior. This indicator is closely monitored by economists, businesses, and policymakers as it can impact various sectors of the economy, such as retail sales, manufacturing, and employment.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 0.4 %, consensus -0.1 %. Prior reading (May 2026): 0.5 %. Before that (Apr 2026): -0.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with CAC 40 (Bearish CAC 40, r=-0.79) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - FR Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 05:30 | FR | Gross Domestic Product QoQ | 0.2 | -0.1 | 0.2 | 0.20 | Medium |
| 05:30 | FR | Consumer Spending MoM | 0.4 | 0.3 | -0.1 | 0.15 | Medium |
| 05:30 | FR | GDP Growth Rate YoY | 0.7 | 0.8 | 0.8 | 0.75 | High |
| 05:30 | FR | GDP Growth Rate QoQ | 0.2 | -0.1 | 0.2 | 0.20 | High |
| 05:30 | FR | Gross Domestic Product YoY | 0.7 | 0.8 | 0.8 | 0.75 | Medium |
| 05:30 | FR | Household Consumption MoM | 0.4 | 0.3 | -0.1 | 0.15 | Low |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:45 | FR | Harmonised Inflation Rate MoM | 0.6 | -0.3 | 0.3 | 0.45 | Low |
| 06:45 | FR | Producer Price Index YoY | 2.6 | 3.1 | 2.7 | 2.65 | Low |
| 06:45 | FR | Inflation Rate YoY | 2.1 | 1.8 | 1.8 | 1.95 | High |
| 06:45 | FR | Harmonised Inflation Rate YoY | 2.4 | 2 | 2.1 | 2.25 | Low |
| 06:45 | FR | Producer Price Index MoM | -0.6 | -0.2 | -0.4 | -0.50 | Low |
| 06:45 | FR | CPI MoM | 0.6 | -0.3 | 0.3 | 0.45 | Medium |
| 06:45 | FR | Inflation Rate MoM | 0.6 | -0.3 | 0.3 | 0.45 | Medium |
| 06:45 | FR | HICP YoY | 2.4 | 2 | 2.1 | 2.25 | Low |
| 06:45 | FR | HICP MoM | 0.6 | -0.3 | 0.3 | 0.45 | Medium |