In March 2013, households’ confidence decreased (-2 points)Monthly consumer confidence survey - March 2013

In March 2013, households’ confidence about the economic situation decreased: The synthetic confidence index lost 2 points, going back to last November’s level. It thus remained below its long term average.

Informations rapides
No 70
Paru le : 26/03/2013
Prochaine parution le : 27/09/2017 at 08:45 - September 2017

In March 2013, households’ confidence about the economic situation decreased: The synthetic confidence index lost 2 points, going back to last November’s level. It thus remained below its long term average.

Personal situation

Financial situation: slightly decreasing

In March, households appreciation of their financial situation slightly decreased: the corresponding balances on past and future financial situation both lost 2 points. Their opinion on the timeliness to make major purchases was also almost stable (+1 point). These three balances remained clearly below their long term averages.

Savings: increasing

Households’ opinion about their current saving capacity was almost stable in March (-1 point). Their opinion about their savings capacity in the next 12 months lost 3 points.

On the other hand, households considered it more opportune than in February to save: the corresponding balance of opinion gained 6 points, going back to last December’s level. It remained however clearly beyond 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 2013
Average (1) Dec. Jan. Feb. March
Synthetic index (2) 100 86 85 86 84
Financial sit., past 12 m. –19 –29 –29 –28 –30
Financial sit., next 12 m. –4 –23 –24 –23 –25
Current saving capacity 8 18 19 20 19
Expected saving capacity –10 –2 –1 0 –3
Savings intentions, next 12 m. 18 37 36 31 37
Major purchases intentions, next 12 m. –14 –28 –30 –31 –30
General economic sit., past 12 m. –43 –69 –69 –71 –74
General economic sit., next 12 m. –23 –53 –56 –56 –61
Unemployment, next 12 m. 32 72 70 73 76
Consumer prices, past 12 m. –13 –3 –7 –11 –14
Consumer prices, next 12 m. –34 –17 –18 –24 –17
  • (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: decreasing

In March, households’ opinion about the expected general economic situation in France decreased by 5 points, at its historically lowest level. Their opinion about past general economic situation also decreased, by 3 points. These balances of opinion remained clearly below their long-term averages.

Future unemployment: expectations increasing again

Households were more numerous in March to forecast an increase in unemployment. The corresponding balance gained 3 points again and reached its highest level since July 2009. It remained widely above its long-term average.

Inflation’s appreciation: past decreasing, expectations increasing

In March, households were less numerous than in February to estimate that past inflation increased. The corresponding balance lost 3 points, approaching its long-term average after a 17 points decrease since September 2012. However, their opinion about future inflation bounced by 7 points.

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)