In June 2014, households’ confidence went up slightly (+1 point)Monthly consumer confidence survey - June 2014

In June 2014, households’ confidence increased slightly. The synthetic confidence index gained 1 point.

Informations rapides
No 148
Paru le : 26/06/2014
Prochaine parution le : 27/09/2017 at 08:45 - September 2017

In June 2014, households’ confidence increased slightly. The synthetic confidence index gained 1 point.

Personal situation

Future financial situation: increasing

In June, households’ opinion of their future financial situation rose for the second consecutive month (+2 points), whereas their appreciation of their past financial situation continued to decrease (–2 points in June).

The share of households to consider it was a suitable time to make major purchases climbed (+3 points).

These three balances remained clearly below their long term average.

Savings: expectations improving substantially

Households’ opinion of their current saving capacity has been stable since April. However, their opinion of their future saving capacity picked up markedly (+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 (–1 point) and remained also 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) March April May June
Synthetic index (2) 100 88 85 85 86
Financial sit., past 12 m. –19 –30 –32 –34 –36
Financial sit., next 12 m. –4 –19 –27 –22 –20
Current saving capacity 8 17 18 18 18
Expected saving capacity –10 2 –2 –5 4
Savings intentions, next 12 m. 18 22 20 21 20
Major purchases intentions, next 12 m. –14 –25 –28 –27 –24
General economic sit., past 12 m. –43 –69 –70 –69 –68
General economic sit., next 12 m. –23 –47 –45 –49 –47
Unemployment, next 12 m. 32 55 56 58 60
Consumer prices, past 12 m. –13 –24 –24 –25 –28
Consumer prices, next 12 m. –34 –29 –30 –27 –29
  • (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 increasing

Households’ opinion of the future general economic situation in France edged up: the corresponding balance gained 2 points and went back to its March level. 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

Households were slightly more pessimistic regarding future unemployment for the fourth month in a row: the corresponding balance rose by 2 points. It still stood above its long term average.

Future and past inflation: dropping

In June, fewer households thought prices went up (–3 points). The corresponding balance was below its long term average.

Likewise, households were less numerous than in May to anticipate a jump in prices. The corresponding balance fell by 2 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)