26 July 2011
2011- n° 190In July 2011, households’ confidence gains 3 points Monthly consumer confidence survey - July 2011
In July 2011, household’s confidence about the economic situation improves : the synthetic confidence index gains 3 poionts with respect to June.
In July 2011, household’s confidence about the economic situation improves : the synthetic confidence index gains 3 poionts with respect to June.
Personal situation
Financial situation : improving
In July, households appreciation of their past and future financial situation improves: the corresponding balances gain 3 and 2 points respectively. Households’s opinion on the timeliness to make major purchases also improves (+4 points).
Savings : sizable increase
Households’ opinion about their current saving capacity markedly increases in July (+7 points); so does their appreciation of their savings capacity in the next 12 months (+4 points).
Yet, households consider that the timeliness for savings deteriorates, the corresponding balance of opinion loses 2 points but remains above its long term average.
graphiqueGraph1_english – Consumer synthetic index
tableauTab_eng – CONSUMER OPINION: synthetic index and opinion balances
| 2011 | |||||
|---|---|---|---|---|---|
| Average (1) | April | May | June | July | |
| Synthetic index (2) | 100 | 83 | 83 | 83 | 86 |
| Financial sit., past 12 m. | –17 | –29 | –29 | –31 | –28 |
| Financial sit., next 12 m. | –2 | –20 | –20 | –21 | –19 |
| Current saving capacity | 11 | 14 | 15 | 13 | 20 |
| Expected saving capacity | –9 | –16 | –14 | –16 | –12 |
| Savings intentions, next 12 m. | 20 | 29 | 28 | 27 | 25 |
| Major purchases intentions, next 12 m. | –13 | –23 | –28 | –25 | –21 |
| General economic sit., past 12 m. | –40 | –69 | –67 | –67 | –66 |
| General economic sit., next 12 m. | –21 | –56 | –49 | –47 | –44 |
| Unemployment, next 12 m. | 33 | 41 | 33 | 33 | 43 |
| Consumer prices, past 12 m. | –19 | 35 | 27 | 22 | 23 |
| Consumer prices, next 12 m. | –35 | 1 | –13 | –14 | –18 |
- (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
Expected general economic situation in France : improving
Households’ opinion about the past and expected general economic situation in France improves. The corresponding balances of opinion gain 1 and 3 points respectively but remain notably below their long term average.
Future unemployment: pessimistic expectations
In July, households are much mores numerous to forecast an increase in unemployment (+10 points). After having declined since February, this balance of opinion is back to where it was by the end of 2010.
Inflation’s appreciation: decreasing expectations
Households’ appreciation of past inflation is almost stable in July (+1 point). On the contrary, the expected inflation balance of opinion loses 4 points, and is back its level of late 2010.
graphiqueGraph2_english – Balances on personnal financial situation and general economic situation
graphiquechomage_en – Households' unemployment expectations
graphiqueprix_en – Households' perception of prices
Pour en savoir plus
