25 November 2015
2015- n° 287In November 2015, households' confidence is stable Monthly consumer confidence survey - November 2015
Warning: Answers to this survey were collected between October 28th and November 17th 2015. Only 7% of respondents answered after the 13 November attacks.
Warning: Answers to this survey were collected between October 28th and November 17th 2015. Only 7% of respondents answered after the 13 November attacks.
In November 2015, households' confidence is stable. The synthetic confidence index stands at 96, below its long-term average (100).
Personal situation
Financial situation: virtually stable
In November, households' opinion of their past financial situation was the same as in October. Their opinion concerning their future financial situation was virtually stable (-1 point). Those two balances are below their long-term average.
The share of households considering it has been a suitable time to make major purchases declined again: the corresponding balance loses 2 points and resumes its long-term level.
Saving capacity: slightly improving
Households' opinion of their saving capacity improved slightly. The balance concerning their current saving capacity gained 2 points; its stays close to its long-term average. The one concerning their future saving capacity is virtually stable (+1 point); it remains above its long-term average for the third consecutive month.
The share of households considering it is a suitable time to save diminished by 2 points and has deviated more clearly from its long-term average.
graphiquegraph1_english – Consumer confidence synthetic index
tableauTab_eng – CONSUMER OPINION: synthetic index and opinion balances
| 2015 | |||||
|---|---|---|---|---|---|
| Av. (1) | Aug. | Sept. | Oct. | Nov. | |
| Synthetic index (2) | 100 | 94 | 97 | 96 | 96 |
| Financial sit., past 12 m. | –19 | –28 | –26 | –24 | –24 |
| Financial sit., next 12 m. | –4 | –12 | –7 | –10 | –11 |
| Current saving capacity | 8 | 7 | 13 | 8 | 10 |
| Expected saving capacity | –10 | –12 | –2 | –5 | –4 |
| Savings intentions, next 12 m. | 18 | –6 | 7 | 6 | 4 |
| Major purchases intentions, next 12 m. | –14 | –12 | –7 | –12 | –14 |
| Standard of living, past 12 m. | –43 | –56 | –52 | –54 | –53 |
| Standard of living, next 12 m. | –23 | –34 | –29 | –30 | –30 |
| Unemployment, next 12 m. | 32 | 50 | 45 | 60 | 36 |
| Consumer prices, past 12 m. | –13 | –51 | –53 | –50 | –49 |
| Consumer prices, next 12 m. | –34 | –37 | –41 | –42 | –41 |
- (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: virtually stable
In November, households' opinion of the standard of living during the past months was virtually stable (+1 point). Their appreciation on the future standard of living was stable. Those two balances stay way below their long-term average.
Unemployment: fears decreasing sharply
In November, the fears of households concerning unemployment decreased sharply, after having grown in the previous month: the corresponding balance diminished by 24 points and reached its lowest level since June 2011. Thus, it has moved closer to its long-term average.
Inflation: virtually stable
In November, households thinking that prices increased during the last twelve months were almost as numerous as in last month; that is also the case for the inflation expectations for the next twelve months (+1 point for each balance). These two balances are clearly below their long-term average.
graphiquegraph2_english – Balances on personal financial situation and standard of living
graphiquechomage_en – Households' unemployment expectations
graphiqueprix_en – Households' perception of prices
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