Insee
Informations Rapides · 29 June 2021 · n° 168
Informations rapidesIn June 2021, households’ confidence is back above its long-term average for the first time since the health crisis began Monthly consumer confidence survey - June 2021

In June 2021, households’ confidence in the economic situation has increased significantly. At 102, the indicator that summaries it has gained four points and is back above its long-term average (100), for the first time since the start of the health crisis.

Informations rapides
No 168
Paru le :Paru le29/06/2021
Prochaine parution le : 26/08/2025 at 08:45 - August 2025

In June 2021, households’ confidence in the economic situation has increased significantly. At 102, the indicator that summaries it has gained four points and is back above its long-term average (100), for the first time since the start of the health crisis.

Consumer confidence synthetic index

Consumer 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
2007-08 104
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 93
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 97
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
2017-04 101
2017-05 102
2017-06 108
2017-07 104
2017-08 103
2017-09 101
2017-10 100
2017-11 103
2017-12 106
2018-01 106
2018-02 101
2018-03 101
2018-04 102
2018-05 100
2018-06 96
2018-07 97
2018-08 97
2018-09 94
2018-10 95
2018-11 92
2018-12 88
2019-01 93
2019-02 96
2019-03 97
2019-04 98
2019-05 99
2019-06 100
2019-07 102
2019-08 102
2019-09 104
2019-10 104
2019-11 106
2019-12 102
2020-01 104
2020-02 105
2020-03 104
2020-04 94
2020-05 91
2020-06 94
2020-07 93
2020-08 93
2020-09 94
2020-10 93
2020-11 89
2020-12 95
2021-01 93
2021-02 92
2021-03 95
2021-04 95
2021-05 98
2021-06 102

Consumer confidence synthetic index

  • Source: INSEE.

Personal situation

Opportunity to make major purchases: strong increase

In June, the share of households considering it is a suitable time to make major purchases has increased significantly: the corresponding balance has gained ten points and reach its highest level since February 2018.

The households’ opinion balance related to their future financial situation has gained six points, and is set at its highest level since June 2007. The opinion balance related to their personal past financial situation has risen by two points. Both balances are well above their long-term averages.

Opportunity to save: high level but falling

In June, households’ opinion balance related to their current saving capacity has fallen by one point but is still well above its average. Households’ opinion balance related to their future saving capacity has risen by two points, reaching a new historical high.

On the contrary, the share of households considering it is a suitable time to save has fallen. The corresponding balance has lost four points but remains well above its average.

Balances on personal financial situation and standard of living in France

Balances 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 -29
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 -43 -66 -16 -27
2015-01 -42 -66 -17 -29
2015-02 -37 -61 -15 -27
2015-03 -34 -59 -13 -27
2015-04 -34 -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 -31 -54 -10 -24
2015-11 -31 -53 -10 -24
2015-12 -31 -54 -7 -26
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 -35 -54 -11 -22
2016-09 -29 -54 -9 -23
2016-10 -29 -53 -7 -23
2016-11 -25 -49 -8 -24
2016-12 -23 -51 -7 -22
2017-01 -26 -47 -5 -22
2017-02 -22 -48 -5 -22
2017-03 -22 -47 -7 -20
2017-04 -20 -51 -9 -19
2017-05 -17 -45 -6 -20
2017-06 0 -40 -4 -14
2017-07 -12 -40 -11 -18
2017-08 -21 -40 -10 -18
2017-09 -22 -41 -11 -21
2017-10 -25 -40 -16 -21
2017-11 -17 -39 -10 -19
2017-12 -12 -30 -9 -17
2018-01 -18 -30 -12 -15
2018-02 -24 -35 -18 -22
2018-03 -22 -39 -11 -24
2018-04 -19 -36 -10 -26
2018-05 -27 -40 -14 -26
2018-06 -34 -47 -14 -27
2018-07 -34 -48 -12 -28
2018-08 -32 -47 -12 -30
2018-09 -38 -50 -18 -30
2018-10 -33 -52 -16 -29
2018-11 -43 -57 -18 -28
2018-12 -38 -65 -21 -33
2019-01 -30 -62 -14 -28
2019-02 -28 -56 -12 -24
2019-03 -25 -53 -10 -26
2019-04 -24 -54 -7 -25
2019-05 -24 -51 -5 -24
2019-06 -26 -44 -6 -23
2019-07 -26 -42 -6 -21
2019-08 -25 -43 -5 -18
2019-09 -26 -39 -3 -18
2019-10 -24 -38 -4 -18
2019-11 -20 -34 -2 -17
2019-12 -28 -38 -6 -20
2020-01 -27 -38 -3 -15
2020-02 -24 -37 -4 -14
2020-03 -34 -32 -7 -13
2020-04 -67 -31 -20 -8
2020-05 -70 -48 -19 -10
2020-06 -57 -58 -8 -13
2020-07 -55 -66 -9 -15
2020-08 -55 -64 -9 -15
2020-09 -49 -66 -5 -16
2020-10 -54 -66 -8 -15
2020-11 -63 -70 -14 -15
2020-12 -41 -70 -4 -14
2021-01 -48 -70 -9 -16
2021-02 -53 -72 -8 -16
2021-03 -35 -75 -4 -15
2021-04 -34 -73 -7 -13
2021-05 -24 -70 -4 -13
2021-06 -16 -67 2 -11

Balances on personal financial situation and standard of living in France

  • Source: INSEE

CONSUMER OPINION: synthetic index and opinion balances

Balance of responses, seasonally adjusted
CONSUMER OPINION: synthetic index and opinion balances (Balance of responses, seasonally adjusted )
Avg. (1) Mar 21 Apr 21 May 21 June 21
Synthetic index (2) 100 95 95 98 102
Financial sit., past 12 m. -21 -15 -13 -13 -11
Financial sit., next 12 m. -6 -4 -7 -4 2
Current saving capacity 9 25 25 29 28
Expected saving capacity -8 10 12 14 16
Savings intentions, next 12 m. 17 41 44 40 36
Major purchases intentions, next 12 m. -14 -13 -11 -12 -2
Standard of living, past 12 m. -46 -75 -73 -70 -67
Standard of living, next 12 m. -26 -35 -34 -24 -16
Unemployment, next 12 m. 34 63 60 44 25
Consumer prices, past 12 m. -18 -35 -35 -29 -24
Consumer prices, next 12 m. -32 -24 -21 -15 -17
  • (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

Standard of living in France: clear increase

In June, the share of households considering that the standard of living in France will improve in the next twelve months has increased significantly. The corresponding balance has gained eight points and exceeds its average, at its highest level since December 2017.

The share of households considering that the standard of living in France has improved during the past twelve months has also increased. The corresponding balance has gained three points but remains well below its long-term average.

Unemployment: sharp decrease of fears

Households' fears about unemployment trend have fallen sharply in June. The corresponding balance has fallen by nineteen points to below its long-term average, to its lowest level since the start of the health crisis.

Households' unemployment expectations

Balance, SA
Households' unemployment expectations (Balance, SA)
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 38
2013-11 62
2013-12 48
2014-01 55
2014-02 55
2014-03 54
2014-04 57
2014-05 60
2014-06 67
2014-07 67
2014-08 63
2014-09 67
2014-10 52
2014-11 66
2014-12 65
2015-01 66
2015-02 58
2015-03 43
2015-04 60
2015-05 61
2015-06 60
2015-07 58
2015-08 51
2015-09 45
2015-10 47
2015-11 36
2015-12 45
2016-01 36
2016-02 44
2016-03 39
2016-04 51
2016-05 23
2016-06 25
2016-07 28
2016-08 35
2016-09 29
2016-10 30
2016-11 28
2016-12 19
2017-01 18
2017-02 19
2017-03 20
2017-04 15
2017-05 20
2017-06 5
2017-07 9
2017-08 1
2017-09 17
2017-10 13
2017-11 5
2017-12 6
2018-01 0
2018-02 3
2018-03 3
2018-04 3
2018-05 1
2018-06 14
2018-07 14
2018-08 27
2018-09 24
2018-10 8
2018-11 30
2018-12 31
2019-01 31
2019-02 9
2019-03 19
2019-04 23
2019-05 11
2019-06 12
2019-07 12
2019-08 11
2019-09 5
2019-10 5
2019-11 2
2019-12 11
2020-01 7
2020-02 -11
2020-03 16
2020-04 57
2020-05 77
2020-06 79
2020-07 79
2020-08 75
2020-09 73
2020-10 75
2020-11 78
2020-12 68
2021-01 74
2021-02 72
2021-03 63
2021-04 60
2021-05 44
2021-06 25

Households' unemployment expectations

  • Source: INSEE

Future inflation: slight decrease

In June, households considering that prices will be on the rise during the next twelve months have been slightly lower than in May. The corresponding balance has lost two points, and remains above its long-term average.

On the other hand, households considering that prices were on the rise during the past twelve months have been also a bit more numerous. The corresponding balance has gained five points but remains well below its average.

Households' perception of prices

Balance, SA
Households' perception of prices (Balance, SA)
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 -28
2014-04 -24 -29
2014-05 -23 -26
2014-06 -28 -31
2014-07 -31 -31
2014-08 -35 -37
2014-09 -41 -33
2014-10 -38 -28
2014-11 -38 -36
2014-12 -46 -43
2015-01 -50 -45
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 -55 -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 -27
2017-01 -43 -23
2017-02 -45 -31
2017-03 -46 -26
2017-04 -49 -28
2017-05 -56 -35
2017-06 -56 -42
2017-07 -54 -31
2017-08 -55 -32
2017-09 -56 -29
2017-10 -50 -23
2017-11 -45 -28
2017-12 -45 -32
2018-01 -40 -15
2018-02 -33 -20
2018-03 -38 -24
2018-04 -38 -27
2018-05 -31 -21
2018-06 -27 -22
2018-07 -27 -21
2018-08 -27 -21
2018-09 -17 -15
2018-10 -14 -14
2018-11 -9 -12
2018-12 -8 -20
2019-01 -30 -38
2019-02 -25 -18
2019-03 -17 -23
2019-04 -16 -23
2019-05 -21 -26
2019-06 -21 -25
2019-07 -28 -24
2019-08 -30 -21
2019-09 -30 -23
2019-10 -26 -20
2019-11 -31 -24
2019-12 -32 -20
2020-01 -32 -22
2020-02 -32 -24
2020-03 -38 -13
2020-04 -48 12
2020-05 -30 0
2020-06 -33 -16
2020-07 -31 -22
2020-08 -21 -27
2020-09 -30 -32
2020-10 -37 -32
2020-11 -39 -22
2020-12 -38 -28
2021-01 -38 -27
2021-02 -37 -28
2021-03 -35 -24
2021-04 -35 -21
2021-05 -29 -15
2021-06 -24 -17

Households' perception of prices

  • Source: INSEE

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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 May 28, 2021 and June 17, 2021. 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: July 28, 2021 at 8:45 am

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