27 January 2010
2010- n° 30In January, consumers are slightly more confident about their future economic situation Monthly consumer confidence survey - January 2010
In January 2010, the seasonally adjusted summary consumer confidence indicator gains one point with respect to December*. The indicator which was recovering since 2008 from a historically low confidence, remains close to slack levels of the last 15 years (1995, 1996 or 2005).
In January 2010, the seasonally adjusted summary consumer confidence indicator gains one point with respect to December*. The indicator which was recovering since 2008 from a historically low confidence, remains close to slack levels of the last 15 years (1995, 1996 or 2005).
Components of the confidence indicator
The appreciation of the general economic situation improves
In January, households appreciation of past general economic situation notably increases (+3 points), as does the expected situation (+2 points). Households appreciation of their expected and past personal financial situation is stable. The balance on the current environment for major purchases gains 1 point.
graphiqueGraph1_english – Summary consumer confidence indicator
Other opinion balances
Concerns about future unemployment reappear
For the first time since June, households are more numerous to expect an increase in unemployment (+2 points compared to December).
Inflation’s appreciation: back to normal
In January, perception of past inflation increased by 3 points and expected inflation balance of opinion went up by 5 points, getting closer to its average value.
Hence households report a back to normal consumer price change after several quarters of low inflation preceived.
Financial situation and savings
Households’ opinion about their current financial situation gains 2 points and remains higher than its long term value.
Households believed that their capacity to save improved (+2 points). Moreover, their saving intentions gain 9 points, overtaking their average value.
tableauenglish_tempo – Consumer opinion
| 2009 | 2010 | ||||
|---|---|---|---|---|---|
| Average* | Oct. | Nov. | Déc. | Janv. | |
| Summary indicator | –18 | –34 | –30 | –30 | –29 |
| Financial situation, past 12 months | –17 | –25 | –22 | –21 | –21 |
| Financial situation, next 12 months | –1 | –12 | –8 | –10 | –10 |
| General economic situation, past 12 months | –39 | –70 | –65 | –65 | –62 |
| General economic situation, next 12 months | –20 | –39 | –35 | –36 | –34 |
| Major purchases intentions, next 12 months | –13 | –24 | –19 | –20 | –19 |
- *average value since 1987
graphiquechomage_en – Households' unemployment expectations
graphiqueprix_en – Households' perception of prices
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