Informations Rapides ·
6 January 2021 · n° 002
In December 2020, households’ confidence has rebounded sharply and recovers its September
level Monthly consumer confidence survey - December 2020
In December 2020, households’ confidence in the economic situation has rebounded sharply: the synthetic index has gained six points compared to November and recovers its September level. At 95, it nevertheless remains below its long-term average (100).
The survey was conducted from November, 25th to December, 15th 2020.
- Personal situation
- Opportunity to make major purchases: very strong rebound
- Saving opportunity: significant drop
- Economic situation in France
- Future standard of living in France: very sharp rebound
- Unemployment: fears decrease but remain very high
- Perceived inflation: sharp decrease
- Revision
- For more information
In December 2020, households’ confidence in the economic situation has rebounded sharply: the synthetic index has gained six points compared to November and recovers its September level. At 95, it nevertheless remains below its long-term average (100).
tableauConsumer confidence synthetic index
| Consumer confidence synthetic index | |
|---|---|
| 2000-01 | 119 |
| 2000-02 | 119 |
| 2000-03 | 120 |
| 2000-04 | 122 |
| 2000-05 | 123 |
| 2000-06 | 123 |
| 2000-07 | 124 |
| 2000-08 | 122 |
| 2000-09 | 119 |
| 2000-10 | 120 |
| 2000-11 | 120 |
| 2000-12 | 124 |
| 2001-01 | 127 |
| 2001-02 | 125 |
| 2001-03 | 123 |
| 2001-04 | 121 |
| 2001-05 | 117 |
| 2001-06 | 115 |
| 2001-07 | 114 |
| 2001-08 | 113 |
| 2001-09 | 111 |
| 2001-10 | 111 |
| 2001-11 | 112 |
| 2001-12 | 112 |
| 2002-01 | 112 |
| 2002-02 | 111 |
| 2002-03 | 111 |
| 2002-04 | 109 |
| 2002-05 | 113 |
| 2002-06 | 112 |
| 2002-07 | 109 |
| 2002-08 | 108 |
| 2002-09 | 107 |
| 2002-10 | 108 |
| 2002-11 | 108 |
| 2002-12 | 108 |
| 2003-01 | 104 |
| 2003-02 | 102 |
| 2003-03 | 98 |
| 2003-04 | 99 |
| 2003-05 | 101 |
| 2003-06 | 100 |
| 2003-07 | 100 |
| 2003-08 | 100 |
| 2003-09 | 99 |
| 2003-10 | 98 |
| 2003-11 | 98 |
| 2003-12 | 98 |
| 2004-01 | 99 |
| 2004-02 | 98 |
| 2004-03 | 99 |
| 2004-04 | 101 |
| 2004-05 | 100 |
| 2004-06 | 99 |
| 2004-07 | 99 |
| 2004-08 | 100 |
| 2004-09 | 102 |
| 2004-10 | 101 |
| 2004-11 | 100 |
| 2004-12 | 99 |
| 2005-01 | 97 |
| 2005-02 | 99 |
| 2005-03 | 97 |
| 2005-04 | 98 |
| 2005-05 | 95 |
| 2005-06 | 94 |
| 2005-07 | 94 |
| 2005-08 | 93 |
| 2005-09 | 93 |
| 2005-10 | 92 |
| 2005-11 | 92 |
| 2005-12 | 95 |
| 2006-01 | 97 |
| 2006-02 | 98 |
| 2006-03 | 97 |
| 2006-04 | 96 |
| 2006-05 | 95 |
| 2006-06 | 96 |
| 2006-07 | 98 |
| 2006-08 | 98 |
| 2006-09 | 99 |
| 2006-10 | 99 |
| 2006-11 | 99 |
| 2006-12 | 98 |
| 2007-01 | 99 |
| 2007-02 | 99 |
| 2007-03 | 101 |
| 2007-04 | 101 |
| 2007-05 | 108 |
| 2007-06 | 108 |
| 2007-07 | 107 |
| 2007-08 | 103 |
| 2007-09 | 101 |
| 2007-10 | 100 |
| 2007-11 | 94 |
| 2007-12 | 94 |
| 2008-01 | 90 |
| 2008-02 | 90 |
| 2008-03 | 89 |
| 2008-04 | 89 |
| 2008-05 | 86 |
| 2008-06 | 82 |
| 2008-07 | 82 |
| 2008-08 | 82 |
| 2008-09 | 84 |
| 2008-10 | 82 |
| 2008-11 | 83 |
| 2008-12 | 83 |
| 2009-01 | 84 |
| 2009-02 | 83 |
| 2009-03 | 84 |
| 2009-04 | 86 |
| 2009-05 | 86 |
| 2009-06 | 89 |
| 2009-07 | 88 |
| 2009-08 | 89 |
| 2009-09 | 90 |
| 2009-10 | 90 |
| 2009-11 | 93 |
| 2009-12 | 93 |
| 2010-01 | 94 |
| 2010-02 | 92 |
| 2010-03 | 91 |
| 2010-04 | 89 |
| 2010-05 | 88 |
| 2010-06 | 87 |
| 2010-07 | 87 |
| 2010-08 | 89 |
| 2010-09 | 90 |
| 2010-10 | 91 |
| 2010-11 | 93 |
| 2010-12 | 90 |
| 2011-01 | 89 |
| 2011-02 | 89 |
| 2011-03 | 87 |
| 2011-04 | 86 |
| 2011-05 | 87 |
| 2011-06 | 87 |
| 2011-07 | 89 |
| 2011-08 | 85 |
| 2011-09 | 84 |
| 2011-10 | 86 |
| 2011-11 | 84 |
| 2011-12 | 83 |
| 2012-01 | 84 |
| 2012-02 | 85 |
| 2012-03 | 89 |
| 2012-04 | 90 |
| 2012-05 | 92 |
| 2012-06 | 91 |
| 2012-07 | 88 |
| 2012-08 | 86 |
| 2012-09 | 84 |
| 2012-10 | 84 |
| 2012-11 | 84 |
| 2012-12 | 86 |
| 2013-01 | 85 |
| 2013-02 | 85 |
| 2013-03 | 83 |
| 2013-04 | 83 |
| 2013-05 | 80 |
| 2013-06 | 79 |
| 2013-07 | 83 |
| 2013-08 | 85 |
| 2013-09 | 86 |
| 2013-10 | 87 |
| 2013-11 | 84 |
| 2013-12 | 85 |
| 2014-01 | 86 |
| 2014-02 | 85 |
| 2014-03 | 88 |
| 2014-04 | 85 |
| 2014-05 | 85 |
| 2014-06 | 86 |
| 2014-07 | 87 |
| 2014-08 | 86 |
| 2014-09 | 86 |
| 2014-10 | 86 |
| 2014-11 | 88 |
| 2014-12 | 90 |
| 2015-01 | 89 |
| 2015-02 | 92 |
| 2015-03 | 94 |
| 2015-04 | 95 |
| 2015-05 | 93 |
| 2015-06 | 94 |
| 2015-07 | 93 |
| 2015-08 | 94 |
| 2015-09 | 98 |
| 2015-10 | 96 |
| 2015-11 | 97 |
| 2015-12 | 97 |
| 2016-01 | 97 |
| 2016-02 | 96 |
| 2016-03 | 95 |
| 2016-04 | 94 |
| 2016-05 | 99 |
| 2016-06 | 96 |
| 2016-07 | 96 |
| 2016-08 | 96 |
| 2016-09 | 97 |
| 2016-10 | 98 |
| 2016-11 | 99 |
| 2016-12 | 100 |
| 2017-01 | 101 |
| 2017-02 | 101 |
| 2017-03 | 101 |
| 2017-04 | 100 |
| 2017-05 | 102 |
| 2017-06 | 108 |
| 2017-07 | 104 |
| 2017-08 | 103 |
| 2017-09 | 101 |
| 2017-10 | 100 |
| 2017-11 | 103 |
| 2017-12 | 106 |
| 2018-01 | 105 |
| 2018-02 | 101 |
| 2018-03 | 101 |
| 2018-04 | 102 |
| 2018-05 | 100 |
| 2018-06 | 97 |
| 2018-07 | 97 |
| 2018-08 | 97 |
| 2018-09 | 94 |
| 2018-10 | 95 |
| 2018-11 | 92 |
| 2018-12 | 88 |
| 2019-01 | 93 |
| 2019-02 | 95 |
| 2019-03 | 97 |
| 2019-04 | 97 |
| 2019-05 | 99 |
| 2019-06 | 101 |
| 2019-07 | 102 |
| 2019-08 | 103 |
| 2019-09 | 104 |
| 2019-10 | 104 |
| 2019-11 | 106 |
| 2019-12 | 102 |
| 2020-01 | 104 |
| 2020-02 | 104 |
| 2020-03 | 103 |
| 2020-04 | 93 |
| 2020-05 | 91 |
| 2020-06 | 95 |
| 2020-07 | 93 |
| 2020-08 | 93 |
| 2020-09 | 95 |
| 2020-10 | 93 |
| 2020-11 | 89 |
| 2020-12 | 95 |
graphiqueConsumer confidence synthetic index
- Source: INSEE.
Personal situation
Opportunity to make major purchases: very strong rebound
In December, the share of households considering it is a suitable time to make major purchases has increased very sharply. The corresponding balance has gained fifteen points compared to the previous month. It exceeds its long-term average, for the first time since February 2020.
The households’ opinion balance related to their future financial situation has also increased sharply, gaining nine points, and exceeding its long-term average. The households’ opinion balance related to their past financial situation has increased by two points. It remains above its long-term average.
Saving opportunity: significant drop
In December, the share of households considering it is a suitable time to save has fallen sharply. The corresponding balance has lost eight points. Nevertheless, it remains above its long-term average.
In contrast, households’ balance of opinions on their future saving capacity has gained four points. Similarly, households’ balance of opinions on their current saving capacity has gained two points. Both balances remain well above their long-term average.
tableauBalances on personal financial situation and standard of living in France
| Standard of living, future | Standard of living, past | Financial situation, future | Financial situation, past | |
|---|---|---|---|---|
| 2005-01 | -30 | -56 | -5 | -21 |
| 2005-02 | -29 | -53 | -4 | -20 |
| 2005-03 | -31 | -54 | -6 | -22 |
| 2005-04 | -32 | -54 | -5 | -22 |
| 2005-05 | -37 | -59 | -8 | -24 |
| 2005-06 | -33 | -65 | -6 | -25 |
| 2005-07 | -36 | -65 | -7 | -25 |
| 2005-08 | -37 | -65 | -8 | -25 |
| 2005-09 | -38 | -66 | -8 | -26 |
| 2005-10 | -40 | -66 | -10 | -29 |
| 2005-11 | -41 | -65 | -10 | -28 |
| 2005-12 | -35 | -63 | -7 | -23 |
| 2006-01 | -33 | -60 | -5 | -22 |
| 2006-02 | -31 | -55 | -4 | -21 |
| 2006-03 | -34 | -57 | -6 | -19 |
| 2006-04 | -38 | -59 | -6 | -21 |
| 2006-05 | -38 | -61 | -6 | -23 |
| 2006-06 | -38 | -59 | -7 | -21 |
| 2006-07 | -33 | -55 | -5 | -19 |
| 2006-08 | -33 | -57 | -4 | -20 |
| 2006-09 | -28 | -54 | -4 | -20 |
| 2006-10 | -24 | -55 | -3 | -22 |
| 2006-11 | -25 | -56 | -4 | -22 |
| 2006-12 | -26 | -56 | -5 | -21 |
| 2007-01 | -23 | -57 | -4 | -22 |
| 2007-02 | -19 | -56 | -4 | -22 |
| 2007-03 | -17 | -56 | -2 | -20 |
| 2007-04 | -15 | -56 | -2 | -20 |
| 2007-05 | 3 | -50 | 7 | -16 |
| 2007-06 | 0 | -44 | 3 | -13 |
| 2007-07 | -6 | -44 | -1 | -15 |
| 2007-08 | -16 | -48 | -4 | -16 |
| 2007-09 | -25 | -51 | -5 | -17 |
| 2007-10 | -23 | -54 | -6 | -20 |
| 2007-11 | -37 | -61 | -10 | -23 |
| 2007-12 | -30 | -63 | -10 | -26 |
| 2008-01 | -42 | -67 | -16 | -29 |
| 2008-02 | -40 | -69 | -14 | -29 |
| 2008-03 | -37 | -71 | -14 | -33 |
| 2008-04 | -41 | -70 | -16 | -32 |
| 2008-05 | -46 | -75 | -18 | -34 |
| 2008-06 | -55 | -78 | -24 | -37 |
| 2008-07 | -54 | -80 | -21 | -38 |
| 2008-08 | -51 | -81 | -20 | -37 |
| 2008-09 | -49 | -79 | -17 | -35 |
| 2008-10 | -57 | -81 | -21 | -33 |
| 2008-11 | -53 | -78 | -20 | -33 |
| 2008-12 | -56 | -78 | -20 | -32 |
| 2009-01 | -56 | -75 | -19 | -31 |
| 2009-02 | -57 | -77 | -20 | -30 |
| 2009-03 | -56 | -77 | -20 | -30 |
| 2009-04 | -50 | -76 | -17 | -29 |
| 2009-05 | -46 | -76 | -15 | -30 |
| 2009-06 | -43 | -73 | -12 | -25 |
| 2009-07 | -43 | -75 | -12 | -26 |
| 2009-08 | -40 | -72 | -12 | -30 |
| 2009-09 | -38 | -71 | -11 | -27 |
| 2009-10 | -38 | -70 | -12 | -27 |
| 2009-11 | -33 | -67 | -8 | -25 |
| 2009-12 | -34 | -65 | -10 | -23 |
| 2010-01 | -32 | -62 | -9 | -24 |
| 2010-02 | -34 | -67 | -12 | -27 |
| 2010-03 | -40 | -69 | -13 | -26 |
| 2010-04 | -46 | -69 | -16 | -27 |
| 2010-05 | -52 | -69 | -19 | -27 |
| 2010-06 | -55 | -71 | -19 | -27 |
| 2010-07 | -49 | -71 | -19 | -30 |
| 2010-08 | -43 | -66 | -18 | -29 |
| 2010-09 | -42 | -64 | -18 | -28 |
| 2010-10 | -40 | -64 | -15 | -28 |
| 2010-11 | -38 | -64 | -11 | -23 |
| 2010-12 | -42 | -68 | -16 | -26 |
| 2011-01 | -44 | -70 | -18 | -26 |
| 2011-02 | -46 | -67 | -18 | -27 |
| 2011-03 | -51 | -69 | -23 | -29 |
| 2011-04 | -56 | -71 | -21 | -31 |
| 2011-05 | -49 | -68 | -20 | -31 |
| 2011-06 | -48 | -68 | -21 | -33 |
| 2011-07 | -42 | -67 | -18 | -31 |
| 2011-08 | -56 | -71 | -23 | -30 |
| 2011-09 | -55 | -75 | -24 | -32 |
| 2011-10 | -51 | -73 | -21 | -30 |
| 2011-11 | -59 | -74 | -25 | -30 |
| 2011-12 | -57 | -74 | -30 | -32 |
| 2012-01 | -54 | -73 | -27 | -32 |
| 2012-02 | -49 | -73 | -26 | -32 |
| 2012-03 | -40 | -68 | -19 | -29 |
| 2012-04 | -38 | -66 | -16 | -29 |
| 2012-05 | -30 | -65 | -16 | -26 |
| 2012-06 | -30 | -68 | -16 | -27 |
| 2012-07 | -43 | -69 | -19 | -27 |
| 2012-08 | -51 | -72 | -19 | -29 |
| 2012-09 | -57 | -75 | -21 | -29 |
| 2012-10 | -60 | -73 | -25 | -29 |
| 2012-11 | -55 | -73 | -25 | -31 |
| 2012-12 | -54 | -69 | -23 | -29 |
| 2013-01 | -58 | -69 | -25 | -28 |
| 2013-02 | -56 | -71 | -24 | -27 |
| 2013-03 | -61 | -75 | -26 | -29 |
| 2013-04 | -62 | -76 | -25 | -28 |
| 2013-05 | -63 | -79 | -26 | -37 |
| 2013-06 | -66 | -80 | -27 | -35 |
| 2013-07 | -57 | -77 | -24 | -34 |
| 2013-08 | -50 | -73 | -22 | -33 |
| 2013-09 | -46 | -72 | -20 | -33 |
| 2013-10 | -45 | -69 | -18 | -35 |
| 2013-11 | -53 | -75 | -19 | -34 |
| 2013-12 | -50 | -72 | -22 | -34 |
| 2014-01 | -48 | -71 | -19 | -35 |
| 2014-02 | -52 | -72 | -20 | -34 |
| 2014-03 | -47 | -69 | -19 | -29 |
| 2014-04 | -45 | -70 | -27 | -32 |
| 2014-05 | -50 | -70 | -23 | -33 |
| 2014-06 | -48 | -69 | -20 | -36 |
| 2014-07 | -49 | -70 | -17 | -32 |
| 2014-08 | -47 | -70 | -20 | -33 |
| 2014-09 | -51 | -71 | -20 | -30 |
| 2014-10 | -50 | -73 | -20 | -31 |
| 2014-11 | -48 | -68 | -17 | -33 |
| 2014-12 | -44 | -66 | -16 | -27 |
| 2015-01 | -42 | -66 | -17 | -29 |
| 2015-02 | -37 | -61 | -15 | -27 |
| 2015-03 | -34 | -59 | -13 | -27 |
| 2015-04 | -35 | -58 | -12 | -24 |
| 2015-05 | -34 | -58 | -14 | -27 |
| 2015-06 | -35 | -58 | -12 | -27 |
| 2015-07 | -36 | -59 | -12 | -29 |
| 2015-08 | -33 | -57 | -12 | -29 |
| 2015-09 | -28 | -52 | -6 | -26 |
| 2015-10 | -30 | -54 | -10 | -24 |
| 2015-11 | -31 | -53 | -10 | -24 |
| 2015-12 | -31 | -54 | -7 | -25 |
| 2016-01 | -27 | -55 | -9 | -24 |
| 2016-02 | -32 | -56 | -10 | -24 |
| 2016-03 | -35 | -57 | -12 | -24 |
| 2016-04 | -36 | -57 | -13 | -25 |
| 2016-05 | -28 | -48 | -10 | -25 |
| 2016-06 | -33 | -54 | -10 | -23 |
| 2016-07 | -33 | -53 | -10 | -29 |
| 2016-08 | -34 | -54 | -10 | -23 |
| 2016-09 | -29 | -54 | -9 | -23 |
| 2016-10 | -29 | -53 | -7 | -23 |
| 2016-11 | -25 | -49 | -8 | -24 |
| 2016-12 | -23 | -51 | -8 | -21 |
| 2017-01 | -27 | -47 | -5 | -22 |
| 2017-02 | -23 | -48 | -6 | -22 |
| 2017-03 | -22 | -48 | -7 | -21 |
| 2017-04 | -21 | -52 | -9 | -20 |
| 2017-05 | -17 | -45 | -6 | -20 |
| 2017-06 | 0 | -40 | -4 | -15 |
| 2017-07 | -12 | -40 | -11 | -18 |
| 2017-08 | -21 | -40 | -10 | -18 |
| 2017-09 | -21 | -41 | -11 | -21 |
| 2017-10 | -25 | -39 | -15 | -21 |
| 2017-11 | -17 | -39 | -10 | -19 |
| 2017-12 | -13 | -30 | -9 | -16 |
| 2018-01 | -19 | -29 | -12 | -16 |
| 2018-02 | -24 | -35 | -18 | -23 |
| 2018-03 | -23 | -40 | -12 | -24 |
| 2018-04 | -20 | -37 | -11 | -26 |
| 2018-05 | -28 | -40 | -14 | -26 |
| 2018-06 | -33 | -47 | -14 | -27 |
| 2018-07 | -33 | -47 | -12 | -28 |
| 2018-08 | -31 | -46 | -12 | -30 |
| 2018-09 | -37 | -50 | -17 | -30 |
| 2018-10 | -32 | -52 | -16 | -29 |
| 2018-11 | -43 | -57 | -18 | -28 |
| 2018-12 | -39 | -64 | -21 | -32 |
| 2019-01 | -31 | -61 | -14 | -28 |
| 2019-02 | -29 | -56 | -12 | -25 |
| 2019-03 | -26 | -54 | -10 | -26 |
| 2019-04 | -26 | -55 | -7 | -25 |
| 2019-05 | -24 | -52 | -5 | -24 |
| 2019-06 | -24 | -44 | -6 | -23 |
| 2019-07 | -25 | -41 | -5 | -20 |
| 2019-08 | -24 | -43 | -5 | -18 |
| 2019-09 | -23 | -39 | -2 | -17 |
| 2019-10 | -24 | -37 | -4 | -17 |
| 2019-11 | -20 | -34 | -2 | -17 |
| 2019-12 | -30 | -38 | -6 | -19 |
| 2020-01 | -30 | -37 | -3 | -16 |
| 2020-02 | -26 | -37 | -5 | -15 |
| 2020-03 | -35 | -33 | -7 | -13 |
| 2020-04 | -69 | -33 | -21 | -7 |
| 2020-05 | -70 | -49 | -19 | -10 |
| 2020-06 | -55 | -58 | -8 | -13 |
| 2020-07 | -53 | -65 | -8 | -15 |
| 2020-08 | -53 | -64 | -8 | -14 |
| 2020-09 | -45 | -66 | -4 | -15 |
| 2020-10 | -54 | -66 | -8 | -15 |
| 2020-11 | -63 | -69 | -13 | -15 |
| 2020-12 | -43 | -69 | -4 | -13 |
graphiqueBalances on personal financial situation and standard of living in France
- Source: INSEE
tableauCONSUMER OPINION: synthetic index and opinion balances
| Avg. (1) | Sept 20 | Oct 20 | Nov 20 | Dec 20 | |
|---|---|---|---|---|---|
| Synthetic index (2) | 100 | 95 | 93 | 89 | 95 |
| Financial sit., past 12 m. | -21 | -15 | -15 | -15 | -13 |
| Financial sit., next 12 m. | -6 | -4 | -8 | -13 | -4 |
| Current saving capacity | 9 | 23 | 25 | 22 | 24 |
| Expected saving capacity | -8 | 7 | 7 | 7 | 11 |
| Savings intentions, next 12 m. | 17 | 34 | 32 | 34 | 26 |
| Major purchases intentions, next 12 m. | -14 | -17 | -17 | -28 | -13 |
| Standard of living, past 12 m. | -46 | -66 | -66 | -69 | -69 |
| Standard of living, next 12 m. | -26 | -45 | -54 | -63 | -43 |
| Unemployment, next 12 m. | 34 | 71 | 73 | 77 | 68 |
| Consumer prices, past 12 m. | -18 | -30 | -37 | -39 | -39 |
| Consumer prices, next 12 m. | -32 | -32 | -32 | -22 | -29 |
- (1) Average value between January 1987 and December 2020
- (2) The indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987–2020).
- Source: INSEE, monthly consumer confidence survey
Economic situation in France
Future standard of living in France: very sharp rebound
In December, the share of households considering that the standard of living in France will improve in the next twelve months has increased very sharply after having fallen in October and November: the corresponding balance has gained twenty points but nevertheless remains well below its long-term average.
The share of households considering that the standard of living in France has improved during the past twelve months has been stable. The corresponding balance is below its long-term average.
Unemployment: fears decrease but remain very high
Households' fears about the unemployment trend have decreased sharply in December. The corresponding balance has lost nine points but remains, since April 2020, well above its long-term average.
tableauHouseholds' unemployment expectations
| Households' unemployment expectations | |
|---|---|
| 2005-01 | 47 |
| 2005-02 | 37 |
| 2005-03 | 42 |
| 2005-04 | 45 |
| 2005-05 | 59 |
| 2005-06 | 36 |
| 2005-07 | 36 |
| 2005-08 | 29 |
| 2005-09 | 22 |
| 2005-10 | 16 |
| 2005-11 | 15 |
| 2005-12 | 14 |
| 2006-01 | 9 |
| 2006-02 | 8 |
| 2006-03 | 24 |
| 2006-04 | 17 |
| 2006-05 | 13 |
| 2006-06 | 15 |
| 2006-07 | 5 |
| 2006-08 | 6 |
| 2006-09 | 0 |
| 2006-10 | 5 |
| 2006-11 | 3 |
| 2006-12 | 21 |
| 2007-01 | 7 |
| 2007-02 | 6 |
| 2007-03 | 9 |
| 2007-04 | 3 |
| 2007-05 | -14 |
| 2007-06 | -10 |
| 2007-07 | -15 |
| 2007-08 | -5 |
| 2007-09 | 3 |
| 2007-10 | 2 |
| 2007-11 | 3 |
| 2007-12 | -3 |
| 2008-01 | 1 |
| 2008-02 | 6 |
| 2008-03 | 7 |
| 2008-04 | 3 |
| 2008-05 | 15 |
| 2008-06 | 14 |
| 2008-07 | 27 |
| 2008-08 | 39 |
| 2008-09 | 45 |
| 2008-10 | 64 |
| 2008-11 | 69 |
| 2008-12 | 76 |
| 2009-01 | 75 |
| 2009-02 | 75 |
| 2009-03 | 74 |
| 2009-04 | 78 |
| 2009-05 | 81 |
| 2009-06 | 85 |
| 2009-07 | 75 |
| 2009-08 | 64 |
| 2009-09 | 67 |
| 2009-10 | 60 |
| 2009-11 | 55 |
| 2009-12 | 54 |
| 2010-01 | 55 |
| 2010-02 | 49 |
| 2010-03 | 58 |
| 2010-04 | 57 |
| 2010-05 | 58 |
| 2010-06 | 65 |
| 2010-07 | 59 |
| 2010-08 | 46 |
| 2010-09 | 31 |
| 2010-10 | 34 |
| 2010-11 | 35 |
| 2010-12 | 34 |
| 2011-01 | 37 |
| 2011-02 | 41 |
| 2011-03 | 33 |
| 2011-04 | 35 |
| 2011-05 | 27 |
| 2011-06 | 29 |
| 2011-07 | 37 |
| 2011-08 | 51 |
| 2011-09 | 57 |
| 2011-10 | 49 |
| 2011-11 | 61 |
| 2011-12 | 59 |
| 2012-01 | 57 |
| 2012-02 | 56 |
| 2012-03 | 52 |
| 2012-04 | 55 |
| 2012-05 | 43 |
| 2012-06 | 53 |
| 2012-07 | 65 |
| 2012-08 | 73 |
| 2012-09 | 73 |
| 2012-10 | 73 |
| 2012-11 | 70 |
| 2012-12 | 74 |
| 2013-01 | 72 |
| 2013-02 | 73 |
| 2013-03 | 77 |
| 2013-04 | 74 |
| 2013-05 | 78 |
| 2013-06 | 78 |
| 2013-07 | 61 |
| 2013-08 | 56 |
| 2013-09 | 51 |
| 2013-10 | 37 |
| 2013-11 | 62 |
| 2013-12 | 48 |
| 2014-01 | 56 |
| 2014-02 | 55 |
| 2014-03 | 55 |
| 2014-04 | 57 |
| 2014-05 | 60 |
| 2014-06 | 67 |
| 2014-07 | 67 |
| 2014-08 | 62 |
| 2014-09 | 67 |
| 2014-10 | 52 |
| 2014-11 | 66 |
| 2014-12 | 66 |
| 2015-01 | 66 |
| 2015-02 | 58 |
| 2015-03 | 43 |
| 2015-04 | 61 |
| 2015-05 | 60 |
| 2015-06 | 61 |
| 2015-07 | 58 |
| 2015-08 | 51 |
| 2015-09 | 45 |
| 2015-10 | 47 |
| 2015-11 | 36 |
| 2015-12 | 45 |
| 2016-01 | 36 |
| 2016-02 | 45 |
| 2016-03 | 39 |
| 2016-04 | 51 |
| 2016-05 | 23 |
| 2016-06 | 26 |
| 2016-07 | 28 |
| 2016-08 | 34 |
| 2016-09 | 29 |
| 2016-10 | 30 |
| 2016-11 | 28 |
| 2016-12 | 19 |
| 2017-01 | 18 |
| 2017-02 | 21 |
| 2017-03 | 20 |
| 2017-04 | 16 |
| 2017-05 | 19 |
| 2017-06 | 5 |
| 2017-07 | 9 |
| 2017-08 | -1 |
| 2017-09 | 16 |
| 2017-10 | 12 |
| 2017-11 | 5 |
| 2017-12 | 6 |
| 2018-01 | 1 |
| 2018-02 | 7 |
| 2018-03 | 4 |
| 2018-04 | 5 |
| 2018-05 | 0 |
| 2018-06 | 14 |
| 2018-07 | 13 |
| 2018-08 | 24 |
| 2018-09 | 23 |
| 2018-10 | 7 |
| 2018-11 | 29 |
| 2018-12 | 31 |
| 2019-01 | 33 |
| 2019-02 | 15 |
| 2019-03 | 20 |
| 2019-04 | 27 |
| 2019-05 | 10 |
| 2019-06 | 10 |
| 2019-07 | 10 |
| 2019-08 | 8 |
| 2019-09 | 3 |
| 2019-10 | 3 |
| 2019-11 | 1 |
| 2019-12 | 11 |
| 2020-01 | 10 |
| 2020-02 | -4 |
| 2020-03 | 18 |
| 2020-04 | 61 |
| 2020-05 | 75 |
| 2020-06 | 77 |
| 2020-07 | 75 |
| 2020-08 | 70 |
| 2020-09 | 71 |
| 2020-10 | 73 |
| 2020-11 | 77 |
| 2020-12 | 68 |
graphiqueHouseholds' unemployment expectations
- Source: INSEE
Perceived inflation: sharp decrease
In December, households considering that prices will be on the rise during the next twelve months have been significantly less numerous than in November: the corresponding balance has lost seven points and is thus closer to its long-term average.
The share of households considering that prices were on the rise during the past twelve months has been stable. The corresponding balance is well below its long-term average.
tableauHouseholds' perception of prices
| Past prices | Future prices | |
|---|---|---|
| 2005-01 | 14 | -44 |
| 2005-02 | 15 | -41 |
| 2005-03 | 15 | -40 |
| 2005-04 | 14 | -40 |
| 2005-05 | 15 | -40 |
| 2005-06 | 11 | -40 |
| 2005-07 | 13 | -35 |
| 2005-08 | 12 | -32 |
| 2005-09 | 12 | -31 |
| 2005-10 | 11 | -32 |
| 2005-11 | 9 | -35 |
| 2005-12 | 4 | -35 |
| 2006-01 | 1 | -37 |
| 2006-02 | 4 | -36 |
| 2006-03 | -3 | -35 |
| 2006-04 | 7 | -32 |
| 2006-05 | 18 | -29 |
| 2006-06 | 11 | -32 |
| 2006-07 | 7 | -34 |
| 2006-08 | 10 | -37 |
| 2006-09 | 14 | -40 |
| 2006-10 | 12 | -39 |
| 2006-11 | 13 | -38 |
| 2006-12 | 18 | -35 |
| 2007-01 | 17 | -38 |
| 2007-02 | 11 | -39 |
| 2007-03 | 6 | -36 |
| 2007-04 | 5 | -34 |
| 2007-05 | -1 | -43 |
| 2007-06 | -3 | -31 |
| 2007-07 | 6 | -27 |
| 2007-08 | 13 | -21 |
| 2007-09 | 20 | -15 |
| 2007-10 | 27 | -20 |
| 2007-11 | 45 | -8 |
| 2007-12 | 54 | -25 |
| 2008-01 | 51 | -15 |
| 2008-02 | 51 | -30 |
| 2008-03 | 67 | -45 |
| 2008-04 | 63 | -38 |
| 2008-05 | 71 | -39 |
| 2008-06 | 70 | -31 |
| 2008-07 | 67 | -30 |
| 2008-08 | 60 | -42 |
| 2008-09 | 50 | -53 |
| 2008-10 | 43 | -37 |
| 2008-11 | 29 | -47 |
| 2008-12 | 19 | -50 |
| 2009-01 | 6 | -51 |
| 2009-02 | 7 | -49 |
| 2009-03 | -1 | -54 |
| 2009-04 | -6 | -56 |
| 2009-05 | -11 | -57 |
| 2009-06 | -16 | -56 |
| 2009-07 | -19 | -52 |
| 2009-08 | -18 | -53 |
| 2009-09 | -25 | -48 |
| 2009-10 | -16 | -45 |
| 2009-11 | -14 | -48 |
| 2009-12 | -14 | -44 |
| 2010-01 | -14 | -41 |
| 2010-02 | -19 | -41 |
| 2010-03 | -19 | -39 |
| 2010-04 | -10 | -34 |
| 2010-05 | -11 | -28 |
| 2010-06 | -10 | -29 |
| 2010-07 | -6 | -27 |
| 2010-08 | -4 | -24 |
| 2010-09 | -2 | -29 |
| 2010-10 | 0 | -25 |
| 2010-11 | 3 | -25 |
| 2010-12 | 9 | -22 |
| 2011-01 | 18 | -19 |
| 2011-02 | 25 | -9 |
| 2011-03 | 30 | 6 |
| 2011-04 | 46 | 0 |
| 2011-05 | 40 | -13 |
| 2011-06 | 33 | -14 |
| 2011-07 | 32 | -18 |
| 2011-08 | 27 | -18 |
| 2011-09 | 25 | -20 |
| 2011-10 | 22 | -23 |
| 2011-11 | 20 | -15 |
| 2011-12 | 19 | -16 |
| 2012-01 | 21 | -17 |
| 2012-02 | 23 | -11 |
| 2012-03 | 22 | -21 |
| 2012-04 | 27 | -20 |
| 2012-05 | 12 | -32 |
| 2012-06 | 12 | -34 |
| 2012-07 | -2 | -25 |
| 2012-08 | -1 | -16 |
| 2012-09 | 3 | -13 |
| 2012-10 | -1 | -15 |
| 2012-11 | -4 | -14 |
| 2012-12 | -7 | -19 |
| 2013-01 | -8 | -19 |
| 2013-02 | -10 | -22 |
| 2013-03 | -10 | -14 |
| 2013-04 | -13 | -20 |
| 2013-05 | -16 | -17 |
| 2013-06 | -11 | -19 |
| 2013-07 | -8 | -17 |
| 2013-08 | -3 | -21 |
| 2013-09 | 4 | -24 |
| 2013-10 | -8 | -21 |
| 2013-11 | -8 | -22 |
| 2013-12 | -8 | -17 |
| 2014-01 | -15 | -16 |
| 2014-02 | -19 | -22 |
| 2014-03 | -23 | -27 |
| 2014-04 | -24 | -29 |
| 2014-05 | -23 | -26 |
| 2014-06 | -28 | -31 |
| 2014-07 | -31 | -31 |
| 2014-08 | -35 | -36 |
| 2014-09 | -41 | -33 |
| 2014-10 | -38 | -29 |
| 2014-11 | -38 | -36 |
| 2014-12 | -46 | -43 |
| 2015-01 | -50 | -46 |
| 2015-02 | -51 | -45 |
| 2015-03 | -53 | -48 |
| 2015-04 | -51 | -43 |
| 2015-05 | -56 | -40 |
| 2015-06 | -54 | -38 |
| 2015-07 | -52 | -37 |
| 2015-08 | -50 | -36 |
| 2015-09 | -53 | -41 |
| 2015-10 | -50 | -41 |
| 2015-11 | -50 | -40 |
| 2015-12 | -51 | -38 |
| 2016-01 | -52 | -42 |
| 2016-02 | -56 | -39 |
| 2016-03 | -58 | -37 |
| 2016-04 | -57 | -37 |
| 2016-05 | -53 | -39 |
| 2016-06 | -53 | -36 |
| 2016-07 | -51 | -37 |
| 2016-08 | -51 | -35 |
| 2016-09 | -46 | -34 |
| 2016-10 | -52 | -38 |
| 2016-11 | -52 | -39 |
| 2016-12 | -47 | -28 |
| 2017-01 | -43 | -24 |
| 2017-02 | -46 | -31 |
| 2017-03 | -46 | -26 |
| 2017-04 | -50 | -28 |
| 2017-05 | -56 | -35 |
| 2017-06 | -56 | -41 |
| 2017-07 | -54 | -31 |
| 2017-08 | -54 | -32 |
| 2017-09 | -55 | -29 |
| 2017-10 | -50 | -23 |
| 2017-11 | -45 | -28 |
| 2017-12 | -46 | -33 |
| 2018-01 | -40 | -15 |
| 2018-02 | -33 | -20 |
| 2018-03 | -37 | -24 |
| 2018-04 | -38 | -27 |
| 2018-05 | -31 | -20 |
| 2018-06 | -27 | -21 |
| 2018-07 | -26 | -21 |
| 2018-08 | -26 | -21 |
| 2018-09 | -17 | -14 |
| 2018-10 | -15 | -14 |
| 2018-11 | -9 | -12 |
| 2018-12 | -8 | -21 |
| 2019-01 | -31 | -40 |
| 2019-02 | -26 | -19 |
| 2019-03 | -17 | -24 |
| 2019-04 | -18 | -23 |
| 2019-05 | -21 | -24 |
| 2019-06 | -20 | -24 |
| 2019-07 | -27 | -23 |
| 2019-08 | -28 | -20 |
| 2019-09 | -30 | -22 |
| 2019-10 | -27 | -20 |
| 2019-11 | -31 | -24 |
| 2019-12 | -33 | -21 |
| 2020-01 | -34 | -24 |
| 2020-02 | -34 | -26 |
| 2020-03 | -38 | -14 |
| 2020-04 | -49 | 12 |
| 2020-05 | -30 | 3 |
| 2020-06 | -31 | -14 |
| 2020-07 | -29 | -21 |
| 2020-08 | -19 | -26 |
| 2020-09 | -30 | -32 |
| 2020-10 | -37 | -32 |
| 2020-11 | -39 | -22 |
| 2020-12 | -39 | -29 |
graphiqueHouseholds' perception of prices
- Source: INSEE
Revision
Due to the annual re-estimation of the seasonal adjustment coefficients, several models have been updated and long-term averages have been recalculated. In addition, the weights of the different balances used to calculate the synthetic indicator have been updated. However, these changes did not lead to any major revision of the data already published. The confidence synthetic index of November 2020 was revised downwards by one point (at 89).
For more information
Definition – The synthetic households’ confidence index summarizes households’ opinion on the economic situation: the higher its value, the more favorable households’ judgment of the economic situation is. It is calculated using a factor analysis technique, which enables to summarize concomitant movements of highly correlated variables. The index describes here the common factor of 8 balances of opinion: past and future general economic situation in France, past and future personal financial situation, unemployment, major purchases intentions, current savings capacity and expected savings capacity.
Calculation method – Around 2,000 households are surveyed by telephone, during the first three weeks of each month. Answers to this survey were collected between November 25, 2020 and December 15, 2020. For each question, a balance of opinion is calculated as the difference between the percentages of positive and negative answers. Since the level of these balances is not open to direct interpretation, comments are based on their changes and their distance to their long-term average. Seasonal coefficients are calculated again every month, hence the slight revision of the seasonal adjusted balances history at each publication.
Next publication: January 27, 2021 at 8:45 am
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