27 October 2009

2009- n° 280

In October, consumers’ confidence indicator continues its slow recovery Monthly consumer confidence survey - October 2009

In October 2009, the seasonally adjusted summary consumer confidence indicator increased by one point. It has increased by mor than 10 points since June 2008. Yet, it remains lower than its long term level.

The appreciation by households of past and expected general economic situation slightly increased in October. Fewer households consider their personal financial position to have worsened during the past 12 months. However, they are less optimistic about their futur financial position. The balance on the current environment for major purchases is improving but remains lower than its long term level.

Households expectations about unemployment are deacresing for the fourth month in a row. These expectations remain high since June was historically high.

Perception of futur and past consumer prices inflation remains low compared to historical levels. This situation lasts for roughly one year.