Never have the French been so pessimistic about the economic situation on the eve of a presidential election

by time news

DECRYPTION – The near-historic fall in economic confidence measured by INSEE does not bode well for Emmanuel Macron.

Will they travel to vote on April 10 and then April 24? The issue of voter turnout is one of the big question marks in the presidential campaign. On the other hand, we know perfectly well the state of mind of the French on the economic and social situation: they are brooding like never before on the eve of a presidential election, since the president was elected by universal suffrage. In other words since 1965 which had seen General de Gaulle win over François Mitterrand in the second round of December 1965.

“In March 2022, household confidence fell sharply”, title Insee, which abhors sensationalism, to qualify the monthly survey carried out between February 24 and March 19, after having questioned some 2000 households on their perception of the economy. Past and future price increases, unemployment prospects, financial situation, savings capacity, opportunity to make major purchases, etc. All the indicators are red.

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