The latest French consumer confidence survey reveals that many people think it's a bad time to make a big purchase.
The country's national statistics agency said Thursday that more people are reporting they expect unemployment to rise while the economy continues deteriorating.
Respondents also increasingly said that it was a bad time to make big purchases and they feel that their ability to save money is being eroded.
This comes in the same month that data showed the French unemployment rate climbed to 10.4% in the first three months of the year, the highest level since early 1998.
The French government has been struggling with a sluggish economy and rising unemployment for years.
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