It comes just four months after his landslide victory over Front National leader Marine Le Pen.
The poll carried out for Huffington Post and CNews shows Mr Macron’s popularity rating has dropped to a dismal 30 per cent, from 43 per cent at the end of June and 36 per cent at the end of July.
Conservative prime minister Edouard Philippe’s popularity is also tumbling in polls: less than one-third of voters (32 per cent) told YouGov pollsters they held a favourable opinion of Mr Philippe, from 39 per cent at the end of June and 37 per cent at the end of July.
In addition, just over a quarter of those polled (29 per cent) said that they viewed Mr Macron’s centrist government in a favourable light, down four percentage points in just one month.
Fifty per cent of voters, however, believe that the government will not refrain from adopting unpopular reforms to help reboot France’s flailing economy, up one percentage point in one month.
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These results chime with those of another opinion poll published on Saturday, which found that only 10 per cent of French people think that Mr Macron will have “successfully” transformed and reformed France by the end of his five-year term.
The poll, which was carried out by Ifop pollsters for Dimanche Ouest France, also showed that 20 per cent of voters think that Mr Macron’s ambitious agenda will not pull France out of its economic rut, and that the president will “fail” in his much-trumpeted bid to reform France.
Forty-five per cent of voters, however, told pollsters they were “optimistic” for the future; a huge jump from January, when just 28 per cent of those polled said they felt that their country was going in the right direction.
Ifop pollsters listed several factors behind this shifting view: the promise of economic recovery, the summer holiday period, growing acceptance that the terrorist threat is here to stay, and Mr Macron’s promise of renewal and change.
The most optimistic for the future, however, are voters under the age of 35, Ifop pollsters told Dimanche Ouest France: “The results reflect an increasingly fractured society. You have the winners from globalisation on one side, and the losers on the other.”
YouGov poll: A total of 1,003 registered voters were interviewed between August 28 and August 29.
Ifop poll: A total of 1,001 registered voters were interviewed between August 24 and August 28.