In November 2013, households’ confidence slightly decreasedMonthly consumer confidence survey - November 2013

In November 2013, households’ confidence slightly decreased. The synthetic confidence index lost one point with respect to October.

Informations rapides
No 270
Paru le : 27/11/2013
Prochaine parution le : 05/01/2018 at 08:45 - December 2017

In November 2013, households’ confidence slightly decreased. The synthetic confidence index lost one point with respect to October.

Personal situation

Financial situation : almost stable

In November, households’ appreciation of their past financial situation was almost stable (+1 point), and their opinion on their future financial situation was stable. Households were as numerous as in October to consider November as a suitable time to make major purchases. These three balances remained clearly below their long term averages.

Savings: expectations sharply decreasing

In November, households’ opinion about their current saving capacity was almost stable (+1 point). Their opinion about their future saving capacity markedly decreased (–6 points). These two balances remained above their long term average.

Moreover, the share of households to think November was an opportune time to save sharply fell in November (–17 points). This balance got back below 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
Av. (1) Aug. Sept. Oct. Nov.
Synthetic index (2) 100 84 84 85 84
Financial sit., past 12 m. –19 –33 –33 –35 –34
Financial sit., next 12 m. –4 –22 –20 –19 –19
Current saving capacity 8 16 13 13 14
Expected saving capacity –10 –1 –5 2 –4
Savings intentions, next 12 m. 18 24 32 32 15
Major purchases intentions, next 12 m. –14 –29 –30 –29 –29
General economic sit., past 12 m. –43 –73 –73 –70 –74
General economic sit., next 12 m. –23 –51 –48 –48 –53
Unemployment, next 12 m. 32 57 52 42 58
Consumer prices, past 12 m. –13 –3 2 –6 –6
Consumer prices, next 12 m. –34 –21 –24 –22 –23
  • (1) Average value between January 1987 and December 2012
  • (2) This indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987-2012).

Economic situation in France

General economic situation in France: worsening

In November, households’ opinion about the general economic situation in France worsened: past and expected balances lost respectively 4 and 5 points compared to October. These balances remained distinctly below their long term average.

Future unemployment: fears increasing

In November, Households were more concerned than in October about future employment. The corresponding balance gained 16 points, offsetting the declines of the past two months. It still stood above its long term average.

Inflation’s appreciation: stability

In November, households’ appreciation of past inflation was stable. Households’ opinion about future inflation was almost stable (-1 point). 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)