In January, consumers are slightly more confident about their future economic situationMonthly 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).

Informations rapides
No 30
Paru le : 27/01/2010
Prochaine parution le : 27/09/2017 at 08:45 - September 2017

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.

Graph1_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.

english_tempo – Consumer opinion

Balance of responses, seasonally ajusted
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

chomage_en – Households' unemployment expectations

prix_en – Households' perception of prices

Documentation

Methodology (pdf, 64 Ko)