In November 2010, consumer’s confidence about the economic situation improves: its summary indicator gains 2 points with respect to October.
In November, households appreciation of their financial situation (past or future) clearly improves, the corresponding balances both gain 3 points, but remain below their long term value. The balance on past general economic situation in France is stable. The one on future general economic situation slightly decreases (-1 point) for the first time since June. Households’ opinion on the timeliness to make major purchases is stable for the second month in a row.
Summary consumer confidence indicator
In November, households are more numerous than in October to forecast an increase in unemployment, the corresponding balance gains 2 points. It had sharply decrease over the summer (-25 points between July and October), remaining above its long term average.
In November, households report that past inflation has increased (+3 points). Moreover, the expected inflation balance of opinion increases (+3 points).
Households’ opinion about their current financial situation slightly increases (+2 points) and remains higher than its long term value.
However, households believe that their savings capacity in the next 12 months deteriorates (-2 points) while their opinion on the timeliness for savings decreases as well (-5 points, after +8 points in October).
Households' unemployment expectations
Households' perception of prices
|Balance of responses, seasonally ajusted|
|Financial situation, past 12 months||–17||–26||–26||–24||–21|
|Financial situation, next 12 months||–2||–19||–18||–16||–13|
|General economic situation, past 12 months||–40||–67||–65||–65||–65|
|General economic situation, next 12 months||–21||–49||–46||–43||–44|
|Major purchases intentions, next 12 months||–13||–21||–19||–19||–19|
n° 288 - November 25, 2010
Monthly consumer confidence survey - November 2010
Next issue June 27, 2013 08:45 - June 2013
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