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

In August 2014, households’ confidence was stable. The synthetic confidence index remained at the same level for the third month in a row, below its long-period average.

Informations rapides
No 204
Paru le : 05/09/2014
Prochaine parution le : 27/10/2017 at 08:45 - October 2017

In August 2014, households’ confidence was stable. The synthetic confidence index remained at the same level for the third month in a row, below its long-period average.

Personal situation

Financial situation: decreasing slightly

In August, households’ opinion of their future financial situation declined (–2 points). Their appreciation of their past financial situation was steady.

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 and their opinion of their future saving capacity were almost stable (+1 point). These two balances remained above their long term average.

In August, fewer households considered it was an opportune time to save: the corresponding balance lost 2 points. It fell below 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) May June July August
Synthetic index (2) 100 85 86 86 86
Financial sit., past 12 m. –19 –33 –36 –33 –33
Financial sit., next 12 m. –4 –22 –20 –18 –20
Current saving capacity 8 17 17 14 15
Expected saving capacity –10 –5 2 1 2
Savings intentions, next 12 m. 18 20 19 18 16
Major purchases intentions, next 12 m. –14 –27 –25 –26 –27
General economic sit., past 12 m. –43 –69 –68 –69 –70
General economic sit., next 12 m. –23 –49 –48 –49 –49
Unemployment, next 12 m. 32 59 63 66 63
Consumer prices, past 12 m. –13 –26 –29 –31 –34
Consumer prices, next 12 m. –34 –27 –30 –30 –36
  • (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 holding steady

Households’ opinion of the future general economic situation in France was steady. Their appreciation of the past general economic situation was almost stable: the corresponding balance lost 1 point. These two balances remained distinctly below their long term average.

Unemployment: fears weakening

In August, households were a little less pessimistic regarding future unemployment: the corresponding balance decreased by 3 points. However it still stood above its long term average.

Past inflation: dropping

In August, households were less numerous to think prices went up (–3 points). The corresponding balance was below its long term average, reaching the lowest level since December 1999.

Much fewer households than in July anticipated a rise in prices. The corresponding balance fell by 6 points and thereby went below its long term average for the first time since March 2010.

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)