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French Consumer Spending close
# Revised Better / Worse Units: % y/y
Impact Actual Forecast Previous Time Date
Low -1.70 -0.20 0.20 01:45 4/27


National Institute for Statistics and Economic Studies (INSEE)


The sentiments of surveyed Euro-Zone consumers on economic conditions.



Why should I care?

Consumer spending mirrors the country's overall economic activity. It is the primary indicator of economic health.


The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

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Released: Apr 27, 2012 1:45
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