In April 2015, households’ confidence keeps improving (+1 point)Monthly consumer confidence survey - April 2015

In April 2015, households’ confidence has improved for the third month in a row; the synthetic confidence index has gained 1 point and has reached 94, its highest value since January 2010. However, it remains distinctly below its long-term average.

Informations rapides
No 102
Paru le : 28/04/2015
Prochaine parution le : 27/09/2017 at 08:45 - September 2017

In April 2015, households’ confidence has improved for the third month in a row; the synthetic confidence index has gained 1 point and has reached 94, its highest value since January 2010. However, it remains distinctly below its long-term average.

Personal situation

Financial situation: improving

So far this month, households’ opinion of their past financial situation has improved (+2 points), and their appreciation on their future financial situation has been almost stable (+1 point). However, these two balances stay below their long-term average.

Households are more numerous in April to think it is a suitable time to make major purchases (+2 points). The corresponding balance has gained 16 points since September 2014; it thus stays slightly above its long-term average, at its highest level since October 2007.

Saving capacity: rising

In April, households’ opinion of their current saving capacity is almost stable (+1 point). The balance of opinion concerning their future saving capacity has kept growing markedly (+3 points), and has reached its highest level since January 2001. These two balances stand significantly above their long-term average.

Moreover, the share of households thinking it is an opportune time to save is almost stable (+1 point). The balance remains slightly 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) Jan. Feb. Mar. Apr.
Synthetic index 100 90 92 93 94
Financial sit., past 12 m. –19 –29 –27 –27 –25
Financial sit., next 12 m. –4 –17 –14 –14 –13
Current saving capacity 8 14 15 16 17
Expected saving capacity –10 –4 –3 1 4
Savings intentions, next 12 m. 18 16 14 15 16
Major purchases intentions, next 12 m. –14 –18 –15 –13 –11
Standard of living, past 12 m. –43 –66 –62 –60 –59
Standard of living, next 12 m. –23 –40 –37 –36 –36
Unemployment, next 12 m. 32 63 60 45 60
Consumer prices, past 12 m. –13 –48 –50 –52 –52
Consumer prices, next 12 m. –34 –45 –44 –46 –43
  • (1) Average value between January 1987 and December 2014
  • Source: INSEE, monthly consumer confidence survey

Economic situation in France

Standard of living in France: virtual stability

In April, households’ opinion of the past standard of living in France is almost stable (+1 point) and remains at its highest value since October 2007. Their appreciation on the future standard of living is stable. However, these two balances remain far below their long-term average.

Unemployment: fears strongly rebounding

In April, households are substantially more numerous than in March to think that unemployment will rise: the corresponding balance has increased by 15 points, after an equivalent drop in March. It remains above its long-term average.

Future inflation: increasing again

The share of households thinking that prices increased is stable in April, and remains at its lowest level since 1999. It thus stands noticeably below its long-term average.

On the contrary, households are more numerous to expect a rise in prices: the corresponding balance has increased by 3 points. However, it stands clearly below 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)