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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance Household Consumption MoM climbed to 0.4% in June 2026
FMPMonthlyReleased July 2026
France Household Consumption 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 0.0%. Over the past 3 months, Household Consumption MoM averaged 0.0%, vs -0.07% in the prior 3-month window. The reading is in the 75th percentile of the trailing 24-month range.
Latest Release
0.4
Actual
-0.1
Consensus
0.3
Previous
Median Absolute Error
±0.39 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 | −0.68 | INDEX | Moves against | → View |
| FTSE 100 | ▼ Inverse | −0.55 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.54 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.43 | CRYPTO | Moves against | → View |
| Euro STOXX 50 | ▼ Inverse | −0.41 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Household Consumption 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 -0.08%, ranging from -1.4% to 0.5% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 0.13%, up from the prior three at -0.5%. Volatility over the past year (σ 0.57%) is higher than the prior year (σ 0.46%). In July readings over the past 3 years, Household Consumption MoM has averaged 0.17%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with CAC 40 (Bearish CAC 40). A secondary relationship exists with FTSE 100, negatively correlated (Bearish FTSE 100). Over the last 12 releases, the Sigmacast model's median absolute error is 0.39%.
WHAT TO WATCH NEXT
The next release is scheduled for August 28, 2026. 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.
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Household Consumption MoM - FR
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About Household Consumption MoM — France
DEFINITION
Household Consumption MoM (Month-over-Month) is a key economic indicator that measures the change in the amount of goods and services purchased by households in a given month. It provides valuable insights into consumer spending patterns and overall economic activity. A positive change in this indicator indicates an increase in consumer confidence and a potential boost to economic growth, while a negative change may signal a decrease in consumer spending and potential economic slowdown. This indicator is closely monitored by policymakers, businesses, and investors as it can impact financial markets and inform decision-making.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. 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=-0.68) — a useful reference for index-focused traders.
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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 |