In December 2012, households’ confidence increased (+2 points)Monthly consumer confidence survey - December 2012

In December 2012, households’ confidence in the economic situation improved. The synthetic confidence index gained two points with respect to November, the first rise since May 2012. The index remained however below its long term average.

Informations rapides
No 319
Paru le : 27/12/2012
Prochaine parution le : 27/09/2017 at 08:45 - September 2017

In December 2012, households’ confidence in the economic situation improved. The synthetic confidence index gained two points with respect to November, the first rise since May 2012. The index remained however below its long term average.

Personal situation

Financial situation: increased

In December, households appreciation of their past and future financial situation improved (+2 points). Their opinion on the timeliness to make major purchases was almost stable (+1 point). These three balances remained below their long term averages.

Savings: still increasing

Households’ opinion about their current savings capacity was almost stable in December (+1 point), as was their opinion about their savings capacity in the next 12 months (–1 point). These two balances remained above their long-term averages.

Households were slightly more numerous in December than in November to think that it was a suitable moment to save (+1 point). The corresponding balance gained 14 points since July, and remained widely above 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
2012
Average (1) Sept. Oct. Nov. Dec.
Synthetic index (2) 100 85 84 84 86
Financial sit., past 12 m. –19 –28 –29 –31 –29
Financial sit., next 12 m. –4 –21 –25 –24 –22
Current saving capacity 8 18 17 17 18
Expected saving capacity –10 –4 –3 –1 –2
Savings intentions, next 12 m. 18 31 34 37 38
Major purchases intentions, next 12 m. –14 –28 –29 –28 –27
General economic sit., past 12 m. –43 –77 –73 –73 –69
General economic sit., next 12 m. –23 –56 –59 –55 –53
Unemployment, next 12 m. 32 73 72 66 71
Consumer prices, past 12 m. –13 3 2 –1 –3
Consumer prices, next 12 m. –34 –14 –16 –14 –18
  • (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 : increasing

In December, households’ opinion about past general economic situation in France increased (+4 points), being back to its level of June. After having already increased in Novembre, their opinion about future general economic situation kept increasing in December(+2 points). These balances remained however clearly below their long term averages.

Future unemployment: expectations increasing anew

After a decline in November (–6 points), households were more numerous in December to forecast an increase in unemployment. The balance of opinion bounced (+5 points), remaining widely above its long-term average.

Inflation’s appreciation: expectations decreasing

Households were slightly more numerous to estimate a slowing inflation : the corresponding balance lost 2 points in December, down to July’s level. Households’ opinion on future inflation decreased too (-4 points). These two balances remained above their long term averages.

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)