In June 2012, households’ confidence about the economic situation stabilized: the synthetic confidence index was the same as in May. It remained below its long term average.
In June, households appreciation of their financial situation slightly decreased: both balances corresponding to past and future situations lose 1 point and remained below their long-term averages. However, households’ major purchases intentions increased (+3 points).
Households’ opinion about their current savings capacity and their savings capacity in the next 12 months was stable, the corresponding balances remaining above their long-term averages.
Moreover, households considered it more opportune than in May to save (+2 points); the corresponding balance remained above its long-term average.
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||87||89||90||90|
|Financial sit., past 12 m.||–18||–27||–26||–23||–24|
|Financial sit., next 12 m.||–3||–19||–17||–16||–17|
|Current saving capacity||12||16||17||22||22|
|Expected saving capacity||–10||–12||–8||–6||–6|
|Savings intentions, next 12 m.||20||23||36||27||29|
|Major purchases intentions, next 12 m.||–14||–24||–25||–24||–21|
|General economic sit., past 12 m.||–41||–66||–65||–66||–68|
|General economic sit., next 12 m.||–23||–40||–38||–33||–34|
|Unemployment, next 12 m.||34||57||60||54||65|
|Consumer prices, past 12 m.||–17||9||10||0||0|
|Consumer prices, next 12 m.||–34||–23||–24||–32||–32|
In June, households’ opinion about past general economic situation decreased by 2 points. Moreover, expected general economic situation in France slightly decreased, after 6 months of continuous increase. These balances remained clearly below their long-term averages.
In June, households were markedly more numerous than in May to forecast an increase in unemployment. After having declined by 6 points in May, this balance of opinion rocketed by 11 points and remained noticeably higher than its long-term average.
Households’ opinion about past and future inflation stabilized in June. The balance of opinion about future inflation was next to its long term average.
Balances on personal financial situation and general economic situation
Households' unemployment expectations
Households' perception of prices
n° 158 - June 26, 2012
Monthly consumer confidence survey - June 2012
Next issue May 28, 2013 08:45 - May 2013
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