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In October, households are little less pessimistic about the economic situation (+1 point)

In October 2010, the consumer confidence about the economic situation slightly improves: its summary indicator gains 1 points with respect to September (s.a. data).

Components of the confidence indicator

Brighter national outlooks

In October, households appreciation of their financial situation (past or future) improves, the corresponding balances gain 1 and 2 points respectively. If the balance on past general economic situation in France is stable, the one on future general economic situation gains 3 points (+9 points with respect to June). Households’ opinion on the timeliness to make major purchases is stable.

Summary consumer confidence indicator

Summary consumer confidence indicator

Other opinion balances

Future unemployment: lower forecast

In October, households are less numerous than in July to forecast an increase in unemployment, the corresponding balance loses 2 points. After levelling out since late 2008 at a very high value, this balance plummets by 25 points since July. Yet, it remains above its long term average.

Inflation’s appreciation: increasing

In October, households report that past inflation is almost stable (–1 point). However, the expected inflation balance of opinion increases anew (+3 points).

Households feel like saving

Households’ opinion about their current financial situation slightly increases (+1 point) and remains higher than its long term value.

Households also believe that their savings capacity in the next 12 months improves (+3 points) while their opinion on the timeliness for savings markedly increases (+6 points).

Consumer opinion
Balance of responses, seasonally ajusted
2010
Average* July August Sept. Oct.
Summary indicator –19 –38 –37 –35 –34
Financial situation, past 12 months –17 –27 –27 –26 –25
Financial situation, next 12 months –2 –20 –20 –19 –17
General economic situation, past 12 months –40 –69 –67 –65 –65
General economic situation, next 12 months –21 –51 –49 –47 –44
Major purchases intentions, next 12 months –13 –23 –21 –19 –19

Households' unemployment expectations

Households' unemployment expectations

Households' perception of prices

Households' perception of prices

Informations Rapides

n° 264 - October 26, 2010

Monthly consumer confidence survey - October 2010

Next issue September 26, 2014 08:45 - September 2014

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Since July 2009, display of the Informations Rapides has changed.