In April 2012, households’ confidence about the economic situation was almost stable: the synthetic confidence index gained 1 point compared with March. Despite a 7 point increase since November 2011, it remained clearly below its long-term average.
In April, households appreciation of their past and future financial situation increased: the corresponding balances gained 2 points each, remaining however below their long-term averages.
Households were markedly more numerous than in March to consider it opportune to save (+11 points). The corresponding balance thus reached its highest level since October 2007. So, they considered it a bit less opportune to make major purchases (-1 point).
Households’ opinion about their savings capacity in the next 12 months improved: the corresponding balance increased by 4 points, being thus slightly above its long-term average. Their opinion about their current savings capacity is almost stable (+1 point).
Consumer synthetic index
|Balance of responses, seasonally ajusted|
|(1) Average value between January 1987 and December 2011|
|(2) This indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987-2011).|
|Synthetic index (2)||100||82||82||87||88|
|Financial sit., past 12 m.||–18||–29||–31||–28||–26|
|Financial sit., next 12 m.||–3||–27||–25||–19||–17|
|Current saving capacity||12||19||19||16||17|
|Expected saving capacity||–10||–13||–11||–12||–8|
|Savings intentions, next 12 m.||20||21||25||22||33|
|Major purchases intentions, next 12 m.||–14||–29||–24||–24||–25|
|General economic sit., past 12 m.||–41||–72||–75||–66||–65|
|General economic sit., next 12 m.||–23||–56||–51||–40||–39|
|Unemployment, next 12 m.||34||65||63||58||60|
|Consumer prices, past 12 m.||–17||12||14||10||11|
|Consumer prices, next 12 m.||–34||–15||–14||–21||–22|
In April, balances corresponding to households’ opinion about the past and expected general economic situation in France gained 1 point each. They remained clearly below their long-term averages.
In April, households were a bit more numerous than in March to forecast an increase in unemployment. This balance of opinion rose by 6 points, remaining noticeably higher than its long-term average.
In April, the balance corresponding to households’opinion about past inflation gained 1 point and recovered its November 2011 level. The one corrsponding to inflation anticipations lost 1 point in April. It lost 11 points since November 2011 and reached its lowest level since November 2010.
Balances on personnal financial situation and general economic situation
Households' unemployment expectations
Households' perception of prices
n° 108 - April 24, 2012
Monthly consumer confidence survey - April 2012
Next issue May 28, 2013 08:45 - May 2013
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