French consumer confidence hits its lowest level in 13 years after riots and protests grip the country

France's INSEE consumer confidence index dropped to its lowest reading since 2013 in October, driven by the wave of riots and protests that have swept the country. The slump signals deepening economic anxiety among French households at a moment of acute political instability.

The 2013 low marks a 13-year nadir, erasing gains made across more than a decade of gradual recovery.

Protests and civil unrest have rattled spending intentions, with households growing increasingly pessimistic about their financial outlook.