In May 2014, households’ confidence remained stableMonthly consumer confidence survey - May 2014

In May 2014, households’ confidence was stable. The synthetic confidence index remained at its April level, widely below its long-period average.

Informations rapides
No 121
Paru le : 27/05/2014
Prochaine parution le : 27/09/2017 at 08:45 - September 2017

In May 2014, households’ confidence was stable. The synthetic confidence index remained at its April level, widely below its long-period average.

Personal situation

Future financial situation: increasing

In May, households’ opinion of their future financial situation increased by 5 points, after a 9 points drop in April, and came back to last summer’s level. Their appreciation of their past financial situation was almost stable (-1 point), and so was the share of households to consider it was a suitable time to make major purchases (+1 point).

These three balances remained clearly below their long term average.

Savings: expectations decreasing anew

Households’ opinion of their current saving capacity was stable. However, their opinion of their future saving capacity decreased (–3 points), after a fall in April (-4 points). These two balances remained above their long term average.

The share of households to consider it was an opportune time to save was almost stable: the corresponding balance rose by 1 point. It remained above its long term average.

graph1_english – Consumer synthetic index

Tab_eng – CONSUMER OPINION: synthetic index and opinion balances

Balance of responses, seasonally adjusted
CONSUMER OPINION: synthetic index and opinion balances
2014
Av. (1) Feb. March April May
Synthetic index (2) 100 85 88 85 85
Financial sit., past 12 m. –19 –33 –29 –32 –33
Financial sit., next 12 m. –4 –19 –19 –28 –23
Current saving capacity 8 10 17 18 18
Expected saving capacity –10 –7 2 –2 –5
Savings intentions, next 12 m. 18 22 22 20 21
Major purchases intentions, next 12 m. –14 –29 –26 –29 –28
General economic sit., past 12 m. –43 –72 –69 –70 –70
General economic sit., next 12 m. –23 –51 –48 –46 –50
Unemployment, next 12 m. 32 55 54 56 57
Consumer prices, past 12 m. –13 –20 –24 –24 –23
Consumer prices, next 12 m. –34 –23 –29 –29 –25
  • (1) Average value between January 1987 and December 2013
  • (2) This indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987-2013).

Economic situation in France

General economic situation in France: expectations decreasing

Households’ opinion of the future general economic situation in France worsened: the corresponding balance lost 4 points, after rising by 5 points since February. Their appreciation of the past general economic situation was stable. These two balances remained distinctly below their long term average.

Future unemployment: almost stable

In May, the share of households to think unemployment will increase was almost stable, the corresponding balance increasing by 1 point. It still stood widely above its long term average.

Future inflation: increasing

The share of households to think prices went up was almost stable in May (+1 point). Thus the corresponding balance was below its long term average, and this since the beginning of the year.

However, households’ expectations concerning future inflation increased. The corresponding balance rose by 4 points and remained above its long term average.

graph2_english – Balances on personal financial situation and general economic situation

chomage_en – Households' unemployment expectations

prix_en – Households' perception of prices

Documentation

Methodology (pdf, 64 Ko)