PARIS, June 28 (Reuters) - French consumer confidence rose in June to reach 108 points from 103 points in May, marking its highest level in 10 years, the official INSEE statistics agency said on Wednesday.
A Reuters poll of economists had given an average forecast of 103 points for the June consumer confidence level, while the May figure had been revised up from its original level of 102 points.
INSEE said French households were growing more confident over their personal financial situations, with INSEE having revised its French first quarter economic growth forecast up to 0.5 percent from 0.4 percent earlier this month.
The index, which is not closely correlated to consumer spending trends, hit an all-time low in May and June 2013 of 79. The highest level since the survey was conducted on a monthly basis was 125 in January 2001.
- For more details and a breakdown from INSEE: http://www.insee.fr/en/themes/info-rapide.asp?id=20
- For a graphic: http://reut.rs/2j4DCHX (Reporting by Sudip Kar-Gupta; Editing by Maya Nikolaeva)