In January 2014, households’ confidence increased slightly (+1 point)Monthly consumer confidence survey - January 2014

In January 2014, households’ confidence increased slightly. The synthetic confidence index gained one point compared to December.

Informations rapides
No 25
Paru le : 28/01/2014
Prochaine parution le : 27/10/2017 at 08:45 - October 2017

In January 2014, households’ confidence increased slightly. The synthetic confidence index gained one point compared to December.

Personal situation

Financial situation : expectations slighty increasing

In January, households’ appreciation of their past financial situation was almost stable (-1 point). Their opinion of their future financial situation gained 2 points. The share of households considering it was a suitable time to make major purchases was almost stable in January (+1 point). These three balances remained clearly below their long term average.

Savings: increasing

In January, households’ opinion about their future saving capacity increased (+4 points), as did their opinion about their current saving capacity (+3 points). These two balances remained above their long term average.

Households thinking it was an opportune time to save were more numerous in January than in December. The corresponding balance gained 5 points, after increasing by 2 points in December. It thus increased beyond its long term average.

Graph1_english – Consumer synthetic index

Tab_eng – CONSUMER OPINION: synthetic index and opinion balances

Balance of responses, seasonally ajusted
CONSUMER OPINION: synthetic index and opinion balances
2013 2014
Average (1) Oct. Nov. Dec. Jan.
Synthetic index (2) 100 86 84 85 86
Financial sit., past 12 m. –19 –36 –34 –34 –35
Financial sit., next 12 m. –4 –19 –19 –20 –18
Current saving capacity 8 13 14 11 14
Expected saving capacity –10 2 –4 –5 –1
Savings intentions, next 12 m. 18 33 16 18 23
Major purchases intentions, next 12 m. –14 –28 –29 –29 –28
General economic sit., past 12 m. –43 –70 –73 –73 –71
General economic sit., next 12 m. –23 –46 –53 –49 –45
Unemployment, next 12 m. 32 43 58 49 53
Consumer prices, past 12 m. –13 –6 –6 –6 –12
Consumer prices, next 12 m. –34 –21 –22 –16 –16
  • (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: improving

In January, households’ opinion about the future general economic situation in France improved again: the corresponding balance gained 4 points compared to December, after a similar increase last month. Their opinion about the past general economic situation also increased (+2 points). These two balances remained however distinctly below their long term average.

Future unemployment: fears increasind

Households were once again more concerned regarding future employment. The corresponding balance gained 4 points in January, after falling by 9 points in December. It still stood above its long term average.

Inflation’s appreciation: decreasing

In January, households’ assessment of past inflation decreased (-6 points). However households expectations about future inflation were stable. Both balances remained above their long term average.

Graph2_english – Balances on personnal financial situation and general economic situation

chomage_en – Households' unemployment expectations

prix_en – Households' perception of prices

Documentation

Methodology (pdf, 64 Ko)