Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
FranceFrance Household Consumption MoM fell to 0.5% in July 2026
FMPMonthlyReleased August 2026
France Household Consumption MoM fell to 0.5% in July 2026, released August 2026, down 0.1% from June's 0.6% reading. The print exceeded the 0.0% consensus by 0.5%. The print is running well above the 12-month average of -0.02%. Over the past 3 months, Household Consumption MoM averaged 0.45%, vs -0.4% in the prior 3-month window. The reading is in the 81st percentile of the trailing 24-month range.
Latest Release
0.5
Actual
0
Consensus
0.6
Previous
Median Absolute Error
±0.32 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 0.2
Actual: 0.5
Error: -0.3
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 |
|---|---|---|---|---|---|
| FTSE 100 | ▼ Inverse | −0.51 | INDEX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.51 | CRYPTO | Moves against | → View |
| CAC 40 | ▼ Inverse | −0.47 | INDEX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.46 | INDEX | Moves against | → View |
| DAX | ▼ Inverse | −0.27 | 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 0.5% in August 2026. This beat the market consensus of 0% by 0.5%. The reading fell from the previous value of 0.6%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged -0.01%, ranging from -1.4% to 0.5% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 0.47%, up from the prior three at -0.47%. Volatility over the past year (σ 0.59%) is higher than the prior year (σ 0.47%). In August readings over the past 3 years, Household Consumption MoM has averaged 0.17%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with FTSE 100 (Bearish FTSE 100). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.33%.
WHAT TO WATCH NEXT
The next release is scheduled for September 30, 2026. Same-country events in the next 14 days include S&P Global Manufacturing PMI (Sep 23) and S&P Global Services PMI (Sep 23).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
SHARE
Household Consumption MoM - FR
Loading chart data...
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 (Jul 2026): actual 0.5 %, consensus 0 %. Prior reading (Jun 2026): 0.4 %. Before that (May 2026): 0.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher 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 tailwind in the current projection. This indicator correlates most strongly with FTSE 100 (Bearish FTSE 100, r=-0.51) — 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
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:45 | FR | Harmonised Inflation Rate YoY | 2.7 | 2.4 | 2.7 | 2.70 | Low |
| 06:45 | FR | Harmonised Inflation Rate MoM | 0.8 | 0.6 | 0.8 | 0.80 | Low |
| 06:45 | FR | Inflation Rate MoM | 0.7 | 0.6 | 0.7 | 0.70 | Low |
| 06:45 | FR | Inflation Rate YoY | 2.4 | 2.1 | 2.4 | 2.40 | Low |