24-April-2026
Economy News
 
French Consumer Confidence Falls Sharply in April as War Takes Toll on Economy
24-Apr-2026

French consumer confidence fell sharply in April, recording its largest drop since the start of the Ukraine war in 2022, the INSEE official statistics agency said on Friday. Economies worldwide are feeling the inflationary impact of the Iran war since attacks on energy infrastructure in the Middle East and Iran's effective closure of the Strait of Hormuz have led to the largest oil supply disruption in years. The consumer confidence index dropped in April to 84 points, from 89 points in March, INSEE data showed.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-24/french-consumer-confidence-falls-sharply-in-april