France Consumer Confidence Slumps to 84 vs 88, Intensifying France 40 Selloff Pressures

France’s April consumer confidence plunged to 84 vs 88 expected (INSEE, 24 Apr), extending downside after business confidence missed at 94 vs 96 and flash services PMI crashed to 46.5 vs 48.5 on 23 Apr. Composite PMI also disappointed at 47.6 vs 48.6, despite manufacturing's beat at 52.8 vs 49.5, signaling broad sentiment weakness and softening demand. These persistent data misses are set to weigh heavily on French equities and the France 40 index, amplifying euro downside risks amid growth worries.