In July 2015, households’ confidence has stepped back slightly (-1 point)Monthly consumer confidence survey - July 2015

In July 2015, households’ confidence has declined slightly (–1 point). The synthetic confidence index stands at 93, below its long-term average (100).

Informations rapides
No 185
Paru le : 29/07/2015
Prochaine parution le : 27/10/2017 at 08:45 - October 2017

In July 2015, households’ confidence has declined slightly (–1 point). The synthetic confidence index stands at 93, below its long-term average (100).

Personal situation

Financial situation: virtually stable

In July, households’ opinion of their past financial situation is virtually stable (–1 point). Their appreciation on their future financial situation is unchanged, the corresponding balance thus remains at its highest level since November 2010. Nevertheless, these two balances stay below their long-term average.

Households are slightly less numerous to think it is a suitable time to make major purchases: the corresponding balance has lost 2 points in July and has gone back to its long-term average.

Saving capacity: virtually stable

In July, households’ opinion of their current saving capacity is virtually stable (+1 point), and stands at its long-term average. Similarly, the balance of opinion concerning their future saving capacity is almost unchanged (–1 point). It stays above its long-term average.

Fewer households think it is an opportune time to save: the corresponding balance has fallen by 2 points and remains below its long-term average.

graph1_english – Consumer confidence synthetic index

Tab_eng – CONSUMER OPINION: synthetic index and opinion balances

Balance of responses, seasonally adjusted
CONSUMER OPINION: synthetic index and opinion balances
2015
Av. (1) April May June July
Synthetic index (2) 100 94 93 94 93
Financial sit., past 12 m. –19 –25 –27 –27 –28
Financial sit., next 12 m. –4 –13 –13 –12 –12
Current saving capacity 8 18 7 7 8
Expected saving capacity –10 4 –7 –7 –8
Savings intentions, next 12 m. 18 15 2 9 7
Major purchases intentions, next 12 m. –14 –11 –14 –12 –14
Standard of living, past 12 m. –43 –59 –58 –57 –57
Standard of living, next 12 m. –23 –36 –34 –36 –35
Unemployment, next 12 m. 32 59 58 56 56
Consumer prices, past 12 m. –13 –52 –56 –55 –53
Consumer prices, next 12 m. –34 –43 –41 –37 –37
  • (1) Average value between January 1987 and December 2014
  • (2) This indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987-2014).
  • Source: INSEE, monthly consumer confidence survey

Economic situation in France

Standard of living in France: stable

In July, households’ opinion of the past standard of living in France is stable; the corresponding balance thus remains at its highest level since October 2007. Their appreciation on the future standard of living is practically stable (+1 point). These two balances stand far below their long-term averages.

Unemployment: opinion unchanged

In July, as many households as the previous month think that unemployment will rise. The corresponding balance of opinion remains substantially above its long-term average.

Inflation: expectations stable

In July, households are slightly more numerous to think that prices have increased (+2 points). However, the corresponding balance stays clearly below its long-term average.

The share of households expecting a rise in prices is stable in July. The corresponding balance remains therefore close to its long-term average.

graph2_english – Balances on personal financial situation and standard of living

chomage_en – Households' unemployment expectations

prix_en – Households' perception of prices

Documentation

Methodology (pdf, 64 Ko)