French Consumer Confidence Tanks As Bond Crisis, Far-Left Riots Deepen Gloom

What happened: France's monthly consumer confidence gauge fell five points to its lowest level since June 2013, per Insee, as a bond selloff, social unrest, and political instability collided. Key numbers: Gauge fell 5 points this month. Personal financial outlook fell to -24 from -15. Unemployment concerns rose to 61 from 56. Lowest reading since June 2013. Why it matters: UBS called the miss broad-based, and Bloomberg Economics said weak sentiment is likely to weigh on spending and adds downside risks to its fourth-quarter growth forecast.

French consumer confidence falls amid bond crisis and far-left riots.

French consumer confidence falls amid bond crisis and far-left riots. — impact context not separately stored; see What changed.