25 November 2010
2010- n° 288In November, consumer’s confidence indicator is still increasing (+2 points) Monthly consumer confidence survey - November 2010
In November 2010, consumer’s confidence about the economic situation improves: its summary indicator gains 2 points with respect to October.
In November 2010, consumer’s confidence about the economic situation improves: its summary indicator gains 2 points with respect to October.
Components of the confidence indicator
Households are more confident about their past and future financial situation
In November, households appreciation of their financial situation (past or future) clearly improves, the corresponding balances both gain 3 points, but remain below their long term value. The balance on past general economic situation in France is stable. The one on future general economic situation slightly decreases (-1 point) for the first time since June. Households’ opinion on the timeliness to make major purchases is stable for the second month in a row.
graphiqueGraph1_english – Summary consumer confidence indicator
Other opinion balances
Future unemployment: forecasts are up
In November, households are more numerous than in October to forecast an increase in unemployment, the corresponding balance gains 2 points. It had sharply decrease over the summer (-25 points between July and October), remaining above its long term average.
Inflation’s appreciation: increasing
In November, households report that past inflation has increased (+3 points). Moreover, the expected inflation balance of opinion increases (+3 points).
Pessimism about the capacity and the opportunity to save
Households’ opinion about their current financial situation slightly increases (+2 points) and remains higher than its long term value.
However, households believe that their savings capacity in the next 12 months deteriorates (-2 points) while their opinion on the timeliness for savings decreases as well (-5 points, after +8 points in October).
tableauenglish_tempo – Consumer opinion
| 2010 | |||||
|---|---|---|---|---|---|
| Average* | Août | Sept. | Oct. | Nov. | |
| Summary indicator | –19 | –37 | –35 | –34 | –32 |
| Financial situation, past 12 months | –17 | –26 | –26 | –24 | –21 |
| Financial situation, next 12 months | –2 | –19 | –18 | –16 | –13 |
| General economic situation, past 12 months | –40 | –67 | –65 | –65 | –65 |
| General economic situation, next 12 months | –21 | –49 | –46 | –43 | –44 |
| Major purchases intentions, next 12 months | –13 | –21 | –19 | –19 | –19 |
graphiquechomage_en – Households' unemployment expectations
graphiqueprix_en – Households' perception of prices
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