27 November 2012
2012- n° 289In November 2012, households’ confidence was stable Monthly consumer confidence survey - November 2012
In November 2012, households’ confidence in the economic situation was stable. The synthetic confidence index remained at the same level as in October, and was still below its long term average.
In November 2012, households’ confidence in the economic situation was stable. The synthetic confidence index remained at the same level as in October, and was still below its long term average.
Personal situation
Financial situation: almost stable
In November, households appreciation of their past financial situation was almost stable (-1 point), as was their opinion on their future financial situation (+1 point). Their opinion on the timeliness to make major purchases was also almost stable (+1 point). These three balances remained below their long term averages.
Savings: still increasing
Households’ opinion about their current savings capacity was stable in November. However their opinion about their savings capacity in the next 12 months was gained 2 points. These two balances remained above their long-term averages.
Households were more numerous to think it was a suitable moment to save. The corresponding balance gained 4 points in November, continuing last summer rise (+14 points between July and November); the corresponding balance remained above its long-term average.
graphiqueGraph1_english – Consumer synthetic index
tableauTab_eng – CONSUMER OPINION: synthetic index and opinion balances
| 2012 | |||||
|---|---|---|---|---|---|
| Average (1) | August (3) | Sept. | Oct. | Nov. | |
| Synthetic index (2) | 100 | 86 | 85 | 84 | 84 |
| Financial sit., past 12 m. | –19 | –28 | –28 | –30 | –31 |
| Financial sit., next 12 m. | –3 | –21 | –21 | –25 | –24 |
| Current saving capacity | 7 | 15 | 18 | 17 | 17 |
| Expected saving capacity | –10 | –5 | –4 | –3 | –1 |
| Savings intentions, next 12 m. | 18 | 27 | 31 | 34 | 38 |
| Major purchases intentions, next 12 m. | –13 | –28 | –28 | –29 | –28 |
| General economic sit., past 12 m. | –41 | –72 | –77 | –73 | –73 |
| General economic sit., next 12 m. | –22 | –51 | –56 | –59 | –54 |
| Unemployment, next 12 m. | 31 | 68 | 73 | 71 | 65 |
| Consumer prices, past 12 m. | –13 | 1 | 3 | 2 | 0 |
| Consumer prices, next 12 m. | –35 | –18 | –13 | –15 | –14 |
- (1) Average value between January 1987 and December 2011
- (2) This indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987-2011).
- (3) The estimate of August comes from the linear interpolation of data resulted from July and September surveys.
Economic situation in France
Financial situation : better expectations
In November, households’ opinion about future general economic situation in France has increased for the first time since last June. The corresponding balance gained 5 points but remained above its long-term average. Their opinion about past general economic situation in France was stable.
Future unemployment: fears decreasing
Households were less numerous in November than in October to forecast an increase in unemployment. The corresponding balance lost 6 points but remained significantly above its long-term average.
Inflation’s appreciation: slowly decreasing
Households were slightly more numerous to estimate a slowing inflation : the corresponding balance lost 2 points in November. Their opinion on future inflation was broadly stable (+1 point) and remained above their long term averages.
graphiqueGraph2_english – Balances on personnal financial situation and gen-eral economic situation
graphiquechomage_en – Households' unemployment expectations
graphiqueprix_en – Households' perception of prices
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