In April 2014, households’ confidence decreased (-3 points)Monthly consumer confidence survey - April 2014

In April 2014, households’ confidence decreased. The synthetic confidence index lost 3 points compared to its March level. It thus got back to its February level.

Informations rapides
No 100
Paru le : 29/04/2014
Prochaine parution le : 27/09/2017 at 08:45 - September 2017

In April 2014, households’ confidence decreased. The synthetic confidence index lost 3 points compared to its March level. It thus got back to its February level.

Personal situation

Past and future financial situation: decreasing

In April, households’ opinion of their past financial situation decreased by 3 points, after two months of increase. Their appreciation of their future financial situation dropped by 11 points, reaching its lowest level since December 2011. It is the sharpest drop of this balance since 1993.

The share of households to consider it was a suitable time to make major purchases declined as well (–3 points).

These three balances remained clearly below their long term average.

Savings: expectations decreasing

In April, households’ opinion of their current saving capacity rose slightly once again (+2 points). Conversely, their opinion of their future saving capacity decreased (–4 points), after a significant growth in March (+9 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 lost 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) Jan. Feb. March April
Synthetic index (2) 100 86 85 88 85
Financial sit., past 12 m. –19 –35 –33 –29 –32
Financial sit., next 12 m. –4 –17 –19 –17 –28
Current saving capacity 8 14 10 16 18
Expected saving capacity –10 –2 –7 2 –2
Savings intentions, next 12 m. 18 23 21 21 20
Major purchases intentions, next 12 m. –14 –28 –29 –26 –29
General economic sit., past 12 m. –43 –71 –73 –69 –70
General economic sit., next 12 m. –23 –45 –50 –47 –45
Unemployment, next 12 m. 32 53 55 53 55
Consumer prices, past 12 m. –13 –13 –20 –25 –24
Consumer prices, next 12 m. –34 –16 –24 –29 –30
  • (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 rising again

Households’ opinion of the future general economic situation in France increased: the corresponding balance gained 2 points, after rising by 3 points in March in March. Their appreciation of the past general economic situation was almost stable (–1 point). These two balances remained distinctly below their long term average.

Future unemployment: fears rising

In April, households were more concerned regarding future unemployment. The corresponding balance increased by 2 points and got back to its February level. It still stood widely above its long term average.

Inflation’s appreciation: almost stable

In April, the share of households to think prices went up was almost stable (+1 point). Thus the corresponding balance was below its long term average for the third month in a row.

Similarly, households’ expectations concerning future inflation were almost stable. The corresponding balance lost 1 point and remained slightly 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)