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In January 2013, households’ confidence was stable

In January 2013, households’ confidence in the economic situation was stable. The index remained however below its long term average.

Personal situation

Financial situation: almost stable

In January, households appreciation of their past financial situation was stable and their appreciation of their future financial situation was almost stable (–1 point). Their opinion on the timeliness to make major purchases decreased (-2 points). These three balances remained below their long term averages.

Savings: almost stable

Households’ opinion about their current savings capacity had been stable since December. Their opinion about their savings capacity in the next 12 months was almost stable in January (+1 point with respect to December). These two balances remained above their long-term averages.

Households were slightly less numerous in January than in December to think that it was a suitable moment to save: the corresponding balance lost 2 points in January, after a 14 points increase from July to December, but remained widely above its long-term average.

Consumer synthetic index

Consumer synthetic index
CONSUMER OPINION: synthetic index and opinion balances
Balance of responses, seasonally ajusted
(1) Average value between January 1987 and December 2012
(2) This indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987-2012).
2012 2013
Average (1) Oct. Nov. Dec. Jan.
Synthetic index (2) 100 84 84 86 86
Financial sit., past 12 m. –19 –29 –31 –29 –29
Financial sit., next 12 m. –4 –25 –25 –23 –24
Current saving capacity 8 17 18 18 18
Expected saving capacity –10 –3 –1 –2 –1
Savings intentions, next 12 m. 18 34 37 38 36
Major purchases intentions, next 12 m. –14 –29 –28 –28 –30
General economic sit., past 12 m. –43 –73 –73 –69 –68
General economic sit., next 12 m. –23 –60 –55 –53 –55
Unemployment, next 12 m. 32 71 66 71 69
Consumer prices, past 12 m. –13 2 –1 –3 –6
Consumer prices, next 12 m. –34 –16 –14 –17 –19

Economic situation in France

General economic situation : expectations decreasing

In January, households’ opinion about past general economic situation in France was almost stable (+1 point). Their opinion about future general economic situation slightly decreased in December (–2 points). These balances remained clearly below their long term averages.

Future unemployment: expectations increasing anew

Households were less numerous in January to forecast an increase in unemployment. After a 5 points increase in December, the balance of opinion bounced back by 2 points in January, remaining however widely above its long-term average.

Inflation’s appreciation: decreasing again

Households were slightly more numerous to estimate a slowing inflation: the corresponding balance lost 3 points in January, its lowest level since July 2010. Their opinion on future inflation decreased too (–2 points). These two balances remained above their long term averages.

Balances on personnal financial situation and gen-eral economic situation

Balances on personnal financial situation and gen-eral economic situation

Households' unemployment expectations

Households' unemployment expectations

Households' perception of prices

Households' perception of prices

Informations Rapides

n° 25 - January 29, 2013

Monthly consumer confidence survey - January 2013

Next issue June 27, 2013 08:45 - June 2013

For further information

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Since July 2009, display of the Informations Rapides has changed.