27 April 2011
2011- n° 107In April 2011, households’ confidence is stable Monthly consumer confidence survey - April 2011
In April 2011, household’s confidence about the economic situation is stable : the synthetic confidence index is at the same level as in March.
- Personnal situation
- Financial situation : slightly improving perspectives
- Savings : better timeliness for savings
- Economic situation in France
- General economic situation in France : decreasing
- Future unemployment: slightly higher expectations
- Inflation’s appreciation: past inflation decreases, expactations increase
In April 2011, household’s confidence about the economic situation is stable : the synthetic confidence index is at the same level as in March.
Personnal situation
Financial situation : slightly improving perspectives
In April, households appreciation of their past financial situation loses 2 points. On the contrary, their expectations gain 2 points, but remains below its long term average. Households’ opinion on the timeliness to make major purchases is stable.
Savings : better timeliness for savings
Households’ opinion about their current saving capacity is almost stable in April (-1 point); so does households’ appreciation of their savings capacity in the next 12 months.
The opinion on the timeliness for savings markedly improves with respect to February (+6 points). The corresponding balance is thus notably above its long term average.
graphiqueGraph1_english – Consumer synthetic index
tableauTab_eng – CONSUMER OPINION: synthetic index and opinion balances
2011 | |||||
---|---|---|---|---|---|
Average (1) | Jan. | Feb. | Mar. | Apr. | |
Synthetic index (2) | 100 | 85 | 85 | 83 | 83 |
Financial sit., past 12 m. | –17 | –25 | –26 | –27 | –29 |
Financial sit., next 12 m. | –2 | –21 | –19 | –23 | –21 |
Current saving capacity | 11 | 15 | 13 | 14 | 13 |
Expected saving capacity | –9 | –11 | –13 | –14 | –15 |
Savings intentions, next 12 m. | 20 | 22 | 23 | 23 | 29 |
Major purchases intentions, next 12 m. | –13 | –23 | –22 | –23 | –23 |
General economic sit., past 12 m. | –40 | –70 | –68 | –68 | –70 |
General economic sit., next 12 m. | –21 | –49 | –50 | –53 | –55 |
Unemployment, next 12 m. | 33 | 46 | 49 | 39 | 40 |
Consumer prices, past 12 m. | –19 | 10 | 17 | 23 | 35 |
Consumer prices, next 12 m. | –35 | –14 | –6 | 10 | 1 |
- (1) Average value between January 1987 and December 2010
- (2) This indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987-2010).
Economic situation in France
General economic situation in France : decreasing
Households opinion about the past and expected general economic situation in France deteriorates with respect to March : both balances lose 2 points. These balances remain notably below their long term average.
Future unemployment: slightly higher expectations
After a sharp decrease in March, households are slightly more numerous in April to forecast an increase in unemployment (+1 point). This balance of opinion stays at the level it had in summer 2008.
Inflation’s appreciation: past inflation decreases, expactations increase
In April, households appreciation of past inflation keeps on increasing (+12 points). Nevertheless, the expected inflation balance of opinion falls off (-9 points). These two balances remain much higher than their long term average.