In July 2014, households’ confidence remained stableMonthly consumer confidence survey - July 2014

In July 2014, households’ confidence was stable. The synthetic confidence index remained at its level of June, below its long-period average.

Informations rapides
No 176
Paru le : 30/07/2014
Prochaine parution le : 27/09/2017 at 08:45 - September 2017

In July 2014, households’ confidence was stable. The synthetic confidence index remained at its level of June, below its long-period average.

Personal situation

Financial situation: increasing

In July, households’ opinion of their future financial situation rose for the third consecutive month (+2 points). Meanwhile, their appreciation of their past financial situation increased by 3 points, and came back to its level of May.

The share of households to consider it was a suitable time to make major purchases was almost stable (–1 point).

These three balances remained clearly below their long term average.

Future saving capacity: almost stable

Households’ opinion of their current saving capacity slightly decreased in July (-2 points). Their opinion of their future saving capacity was almost stable (–1 point), after a 7 points increase in June. These two balances remained above their long term average.

The share of households to consider it was an opportune time to save was stable 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) April May June July
Synthetic index (2) 100 85 85 86 86
Financial sit., past 12 m. –19 –32 –33 –36 –33
Financial sit., next 12 m. –4 –27 –22 –20 –18
Current saving capacity 8 18 17 17 15
Expected saving capacity –10 –1 –5 2 1
Savings intentions, next 12 m. 18 20 20 19 19
Major purchases intentions, next 12 m. –14 –28 –27 –25 –26
General economic sit., past 12 m. –43 –70 –70 –68 –69
General economic sit., next 12 m. –23 –45 –49 –48 –50
Unemployment, next 12 m. 32 57 59 65 67
Consumer prices, past 12 m. –13 –25 –26 –28 –30
Consumer prices, next 12 m. –34 –30 –27 –30 –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 decreasing

Households’ opinion of the future general economic situation in France declined: the corresponding balance lost 2 points, offsetting the increase in June. Their appreciation of the past general economic situation was almost stable (-1 point). These two balances remained distinctly below their long term average.

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.

Past inflation: dropping

In July, fewer households thought prices went up (–2 points). The corresponding balance was below its long term average.

Households were almost as numerous as in June to anticipate a jump in prices. The corresponding balance gained 1 point 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)