In June 2011, households’ confidence is stable

In June 2011, household’s confidence about the economic situation is stable : the synthetic confidence index is at the same level as in May.

Personnal situation

Financial situation : almost stable

In June, households appreciation of their past and future financial situation decreases slightly (the corresponding balances both lose 1 point). On the contrary, households’s opinion on the timeliness to make major purchases improves (+2 points).

Savings : in slight decrease

Households’ opinion about their current saving capacity is almost stable in June (-1 point); their appreciation of their savings capacity in the next 12 months slightly decreases (-2 points).

Households consider that the timeliness for savings is still relatively high: Even though the corresponding balance of opinion loses 1 point with respect to May, it remains notably above its long term average.

Consumer synthetic index

CONSUMER OPINION: synthetic index and opinion balances
		2011
Balance of responses, seasonally ajusted
(1) Average value between January 1987 and December 2010
(2) This indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987-2010).
	Average (1)	Mar.	Apr.	May	Jun.
Synthetic index (2)	100	83	82	83	83
Financial sit., past 12 m.	–17	–27	–29	–30	–31
Financial sit., next 12 m.	–2	–23	–21	–20	–21
Current saving capacity	11	14	13	14	13
Expected saving capacity	–9	–14	–16	–14	–16
Savings intentions, next 12 m.	20	23	29	29	28
Major purchases intentions, next 12 m.	–13	–24	–24	–28	–26
General economic sit., past 12 m.	–40	–68	–69	–67	–67
General economic sit., next 12 m.	–21	–52	–55	–49	–47
Unemployment, next 12 m.	33	38	39	31	30
Consumer prices, past 12 m.	–19	21	35	27	22
Consumer prices, next 12 m.	–35	9	1	–14	–13

Economic situation in France

Expected general economic situation in France : still improving

Households’ opinion about the expected general economic situation in France improves (+2 points, after +6 points in May). Nevertheless, this balance remains notably below its long term average. Their opinion on past general economic situation is stable.

Future unemployment: outlooks remain positive

In June, households are slightly less numerous to forecast an increase in unemployment (–1 point). This balance of opinion has lost 19 points since February, remaining below its long term average.

Inflation’s appreciation: decrease

After a sharp decrease in May, households appreciation of past inflation loses 5 points in June, reaching the same level as in March. The expected inflation balance of opinion is almost stable (+1 point, after a sharp drop in May). Nevertheless, these two balances remain much higher than their long term average.

Balances on personnal financial situation and general economic situation