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).
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
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.
In October, households report that past inflation is almost stable (–1 point). However, the expected inflation balance of opinion increases anew (+3 points).
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).
Households' unemployment expectations
Households' perception of prices
|Balance of responses, seasonally ajusted|
|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|
n° 264 - October 26, 2010
Monthly consumer confidence survey - October 2010
Next issue May 28, 2013 08:45 - May 2013
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