29 January 2020
2020- n° 22In January 2020, households’ confidence has rebounded Monthly consumer confidence survey - January 2020
In January 2020, households’ confidence in the economic situation has rebounded. The synthetic index has gained two points, after losing three in December. At 104, it stays above its long-term average (100).
In January 2020, households’ confidence in the economic situation has rebounded. The synthetic index has gained two points, after losing three in December. At 104, it stays above its long-term average (100).
tableauConsumer confidence synthetic index
| Consumer confidence synthetic index | |
|---|---|
| 2000-01 | 119 |
| 2000-02 | 118 |
| 2000-03 | 119 |
| 2000-04 | 122 |
| 2000-05 | 122 |
| 2000-06 | 123 |
| 2000-07 | 124 |
| 2000-08 | 121 |
| 2000-09 | 118 |
| 2000-10 | 120 |
| 2000-11 | 119 |
| 2000-12 | 123 |
| 2001-01 | 126 |
| 2001-02 | 124 |
| 2001-03 | 122 |
| 2001-04 | 121 |
| 2001-05 | 116 |
| 2001-06 | 115 |
| 2001-07 | 114 |
| 2001-08 | 113 |
| 2001-09 | 111 |
| 2001-10 | 111 |
| 2001-11 | 112 |
| 2001-12 | 112 |
| 2002-01 | 112 |
| 2002-02 | 111 |
| 2002-03 | 112 |
| 2002-04 | 109 |
| 2002-05 | 113 |
| 2002-06 | 111 |
| 2002-07 | 109 |
| 2002-08 | 108 |
| 2002-09 | 106 |
| 2002-10 | 108 |
| 2002-11 | 108 |
| 2002-12 | 108 |
| 2003-01 | 104 |
| 2003-02 | 102 |
| 2003-03 | 98 |
| 2003-04 | 99 |
| 2003-05 | 101 |
| 2003-06 | 101 |
| 2003-07 | 100 |
| 2003-08 | 100 |
| 2003-09 | 99 |
| 2003-10 | 98 |
| 2003-11 | 98 |
| 2003-12 | 98 |
| 2004-01 | 99 |
| 2004-02 | 98 |
| 2004-03 | 99 |
| 2004-04 | 101 |
| 2004-05 | 100 |
| 2004-06 | 99 |
| 2004-07 | 99 |
| 2004-08 | 100 |
| 2004-09 | 102 |
| 2004-10 | 101 |
| 2004-11 | 100 |
| 2004-12 | 99 |
| 2005-01 | 97 |
| 2005-02 | 99 |
| 2005-03 | 97 |
| 2005-04 | 97 |
| 2005-05 | 95 |
| 2005-06 | 94 |
| 2005-07 | 94 |
| 2005-08 | 93 |
| 2005-09 | 92 |
| 2005-10 | 91 |
| 2005-11 | 92 |
| 2005-12 | 95 |
| 2006-01 | 97 |
| 2006-02 | 98 |
| 2006-03 | 97 |
| 2006-04 | 96 |
| 2006-05 | 95 |
| 2006-06 | 96 |
| 2006-07 | 98 |
| 2006-08 | 98 |
| 2006-09 | 99 |
| 2006-10 | 99 |
| 2006-11 | 99 |
| 2006-12 | 98 |
| 2007-01 | 99 |
| 2007-02 | 99 |
| 2007-03 | 101 |
| 2007-04 | 101 |
| 2007-05 | 108 |
| 2007-06 | 108 |
| 2007-07 | 107 |
| 2007-08 | 104 |
| 2007-09 | 101 |
| 2007-10 | 100 |
| 2007-11 | 94 |
| 2007-12 | 94 |
| 2008-01 | 90 |
| 2008-02 | 90 |
| 2008-03 | 88 |
| 2008-04 | 88 |
| 2008-05 | 85 |
| 2008-06 | 81 |
| 2008-07 | 81 |
| 2008-08 | 82 |
| 2008-09 | 83 |
| 2008-10 | 81 |
| 2008-11 | 83 |
| 2008-12 | 83 |
| 2009-01 | 84 |
| 2009-02 | 83 |
| 2009-03 | 84 |
| 2009-04 | 86 |
| 2009-05 | 86 |
| 2009-06 | 89 |
| 2009-07 | 89 |
| 2009-08 | 89 |
| 2009-09 | 90 |
| 2009-10 | 90 |
| 2009-11 | 93 |
| 2009-12 | 94 |
| 2010-01 | 94 |
| 2010-02 | 91 |
| 2010-03 | 91 |
| 2010-04 | 89 |
| 2010-05 | 88 |
| 2010-06 | 87 |
| 2010-07 | 87 |
| 2010-08 | 89 |
| 2010-09 | 90 |
| 2010-10 | 91 |
| 2010-11 | 93 |
| 2010-12 | 90 |
| 2011-01 | 89 |
| 2011-02 | 89 |
| 2011-03 | 87 |
| 2011-04 | 86 |
| 2011-05 | 87 |
| 2011-06 | 86 |
| 2011-07 | 89 |
| 2011-08 | 85 |
| 2011-09 | 84 |
| 2011-10 | 86 |
| 2011-11 | 84 |
| 2011-12 | 83 |
| 2012-01 | 84 |
| 2012-02 | 85 |
| 2012-03 | 89 |
| 2012-04 | 90 |
| 2012-05 | 92 |
| 2012-06 | 91 |
| 2012-07 | 88 |
| 2012-08 | 86 |
| 2012-09 | 85 |
| 2012-10 | 84 |
| 2012-11 | 84 |
| 2012-12 | 86 |
| 2013-01 | 85 |
| 2013-02 | 86 |
| 2013-03 | 83 |
| 2013-04 | 84 |
| 2013-05 | 80 |
| 2013-06 | 79 |
| 2013-07 | 83 |
| 2013-08 | 85 |
| 2013-09 | 86 |
| 2013-10 | 86 |
| 2013-11 | 84 |
| 2013-12 | 85 |
| 2014-01 | 86 |
| 2014-02 | 85 |
| 2014-03 | 88 |
| 2014-04 | 85 |
| 2014-05 | 85 |
| 2014-06 | 85 |
| 2014-07 | 86 |
| 2014-08 | 86 |
| 2014-09 | 86 |
| 2014-10 | 86 |
| 2014-11 | 87 |
| 2014-12 | 90 |
| 2015-01 | 89 |
| 2015-02 | 92 |
| 2015-03 | 94 |
| 2015-04 | 95 |
| 2015-05 | 93 |
| 2015-06 | 93 |
| 2015-07 | 93 |
| 2015-08 | 93 |
| 2015-09 | 97 |
| 2015-10 | 96 |
| 2015-11 | 96 |
| 2015-12 | 96 |
| 2016-01 | 97 |
| 2016-02 | 96 |
| 2016-03 | 95 |
| 2016-04 | 94 |
| 2016-05 | 98 |
| 2016-06 | 96 |
| 2016-07 | 95 |
| 2016-08 | 96 |
| 2016-09 | 97 |
| 2016-10 | 98 |
| 2016-11 | 99 |
| 2016-12 | 100 |
| 2017-01 | 100 |
| 2017-02 | 101 |
| 2017-03 | 101 |
| 2017-04 | 100 |
| 2017-05 | 102 |
| 2017-06 | 108 |
| 2017-07 | 104 |
| 2017-08 | 103 |
| 2017-09 | 101 |
| 2017-10 | 100 |
| 2017-11 | 103 |
| 2017-12 | 106 |
| 2018-01 | 105 |
| 2018-02 | 100 |
| 2018-03 | 100 |
| 2018-04 | 101 |
| 2018-05 | 99 |
| 2018-06 | 96 |
| 2018-07 | 96 |
| 2018-08 | 96 |
| 2018-09 | 94 |
| 2018-10 | 95 |
| 2018-11 | 91 |
| 2018-12 | 88 |
| 2019-01 | 92 |
| 2019-02 | 95 |
| 2019-03 | 96 |
| 2019-04 | 97 |
| 2019-05 | 99 |
| 2019-06 | 101 |
| 2019-07 | 102 |
| 2019-08 | 103 |
| 2019-09 | 104 |
| 2019-10 | 104 |
| 2019-11 | 105 |
| 2019-12 | 102 |
| 2020-01 | 104 |
graphiqueConsumer confidence synthetic index
- Source: INSEE.
Personal situation
Past and future financial situation: rebound
In January, households' opinion balance on their future financial situation has gained four points after losing five in December. This brings it back above its long-term average. The opinion balance related to their past financial situation has gained three points after losing two last month. It remains above its average.
Furthermore, the share of households considering it is a suitable time to make major purchases has slightly increased compared to the previous month: the corresponding balance has gained one point and remains above its long-term average.
Expected saving capacity: increase
In January, households’ opinion balance on their expected saving capacity has increased by two points and remains above its long-term average.
Households’ opinion on their current saving capacity has been stable for the fourth consecutive month.
The share of households considering it is a suitable time to save has declined again: the corresponding balance has fallen by two points and remains below its long-term average.
tableauBalances on personal financial situation and standard of living in France
| Standard of living, future | Standard of living, past | Financial situation, future | Financial situation, past | |
|---|---|---|---|---|
| 2010-01 | -32 | -62 | -9 | -24 |
| 2010-02 | -34 | -67 | -12 | -27 |
| 2010-03 | -40 | -69 | -13 | -26 |
| 2010-04 | -46 | -69 | -16 | -27 |
| 2010-05 | -52 | -69 | -19 | -27 |
| 2010-06 | -55 | -71 | -19 | -27 |
| 2010-07 | -49 | -71 | -19 | -30 |
| 2010-08 | -43 | -66 | -18 | -29 |
| 2010-09 | -42 | -64 | -18 | -28 |
| 2010-10 | -40 | -64 | -15 | -28 |
| 2010-11 | -38 | -64 | -11 | -23 |
| 2010-12 | -42 | -68 | -16 | -26 |
| 2011-01 | -44 | -70 | -18 | -26 |
| 2011-02 | -46 | -67 | -18 | -27 |
| 2011-03 | -51 | -69 | -23 | -29 |
| 2011-04 | -56 | -71 | -21 | -31 |
| 2011-05 | -49 | -68 | -20 | -31 |
| 2011-06 | -48 | -68 | -21 | -33 |
| 2011-07 | -42 | -67 | -18 | -31 |
| 2011-08 | -56 | -71 | -23 | -30 |
| 2011-09 | -55 | -75 | -24 | -32 |
| 2011-10 | -51 | -73 | -21 | -29 |
| 2011-11 | -59 | -74 | -25 | -30 |
| 2011-12 | -57 | -74 | -30 | -32 |
| 2012-01 | -54 | -73 | -27 | -32 |
| 2012-02 | -49 | -73 | -26 | -32 |
| 2012-03 | -40 | -68 | -19 | -29 |
| 2012-04 | -38 | -66 | -16 | -29 |
| 2012-05 | -30 | -65 | -16 | -26 |
| 2012-06 | -30 | -68 | -16 | -27 |
| 2012-07 | -43 | -69 | -19 | -27 |
| 2012-08 | -51 | -72 | -19 | -29 |
| 2012-09 | -57 | -75 | -21 | -29 |
| 2012-10 | -60 | -73 | -25 | -29 |
| 2012-11 | -55 | -73 | -25 | -31 |
| 2012-12 | -54 | -69 | -23 | -29 |
| 2013-01 | -58 | -69 | -25 | -28 |
| 2013-02 | -56 | -71 | -24 | -27 |
| 2013-03 | -61 | -75 | -26 | -29 |
| 2013-04 | -62 | -76 | -25 | -28 |
| 2013-05 | -63 | -79 | -26 | -37 |
| 2013-06 | -66 | -80 | -27 | -35 |
| 2013-07 | -57 | -77 | -24 | -34 |
| 2013-08 | -50 | -73 | -22 | -33 |
| 2013-09 | -46 | -72 | -20 | -33 |
| 2013-10 | -45 | -69 | -18 | -35 |
| 2013-11 | -53 | -75 | -19 | -34 |
| 2013-12 | -50 | -73 | -22 | -34 |
| 2014-01 | -48 | -71 | -19 | -35 |
| 2014-02 | -52 | -72 | -20 | -34 |
| 2014-03 | -47 | -69 | -19 | -29 |
| 2014-04 | -45 | -70 | -27 | -32 |
| 2014-05 | -50 | -70 | -22 | -33 |
| 2014-06 | -48 | -69 | -20 | -36 |
| 2014-07 | -49 | -70 | -17 | -32 |
| 2014-08 | -47 | -70 | -20 | -33 |
| 2014-09 | -51 | -71 | -20 | -31 |
| 2014-10 | -50 | -74 | -20 | -31 |
| 2014-11 | -48 | -68 | -17 | -33 |
| 2014-12 | -43 | -66 | -16 | -27 |
| 2015-01 | -42 | -66 | -17 | -29 |
| 2015-02 | -37 | -61 | -15 | -27 |
| 2015-03 | -34 | -59 | -13 | -27 |
| 2015-04 | -35 | -57 | -12 | -24 |
| 2015-05 | -34 | -58 | -13 | -27 |
| 2015-06 | -35 | -58 | -12 | -27 |
| 2015-07 | -36 | -59 | -12 | -29 |
| 2015-08 | -33 | -57 | -12 | -29 |
| 2015-09 | -28 | -52 | -6 | -26 |
| 2015-10 | -30 | -54 | -10 | -24 |
| 2015-11 | -31 | -54 | -10 | -24 |
| 2015-12 | -30 | -54 | -7 | -25 |
| 2016-01 | -27 | -55 | -9 | -24 |
| 2016-02 | -32 | -56 | -10 | -24 |
| 2016-03 | -35 | -57 | -12 | -24 |
| 2016-04 | -37 | -57 | -13 | -25 |
| 2016-05 | -28 | -48 | -10 | -25 |
| 2016-06 | -33 | -54 | -10 | -23 |
| 2016-07 | -33 | -53 | -10 | -29 |
| 2016-08 | -34 | -54 | -10 | -22 |
| 2016-09 | -29 | -54 | -9 | -23 |
| 2016-10 | -28 | -53 | -7 | -23 |
| 2016-11 | -25 | -49 | -7 | -24 |
| 2016-12 | -22 | -51 | -8 | -21 |
| 2017-01 | -26 | -47 | -5 | -22 |
| 2017-02 | -23 | -48 | -5 | -22 |
| 2017-03 | -23 | -48 | -7 | -20 |
| 2017-04 | -22 | -50 | -9 | -19 |
| 2017-05 | -17 | -45 | -6 | -19 |
| 2017-06 | 1 | -40 | -4 | -14 |
| 2017-07 | -11 | -40 | -11 | -18 |
| 2017-08 | -20 | -40 | -9 | -17 |
| 2017-09 | -21 | -42 | -11 | -21 |
| 2017-10 | -24 | -40 | -15 | -21 |
| 2017-11 | -18 | -39 | -10 | -19 |
| 2017-12 | -12 | -31 | -10 | -16 |
| 2018-01 | -18 | -30 | -12 | -16 |
| 2018-02 | -24 | -35 | -18 | -23 |
| 2018-03 | -24 | -40 | -12 | -24 |
| 2018-04 | -22 | -35 | -11 | -26 |
| 2018-05 | -28 | -39 | -14 | -25 |
| 2018-06 | -33 | -46 | -14 | -27 |
| 2018-07 | -32 | -47 | -12 | -28 |
| 2018-08 | -30 | -47 | -12 | -30 |
| 2018-09 | -36 | -50 | -17 | -30 |
| 2018-10 | -32 | -53 | -15 | -29 |
| 2018-11 | -44 | -58 | -18 | -28 |
| 2018-12 | -38 | -65 | -22 | -32 |
| 2019-01 | -31 | -62 | -14 | -29 |
| 2019-02 | -29 | -56 | -12 | -26 |
| 2019-03 | -29 | -53 | -10 | -26 |
| 2019-04 | -29 | -53 | -8 | -25 |
| 2019-05 | -25 | -51 | -5 | -23 |
| 2019-06 | -23 | -43 | -6 | -22 |
| 2019-07 | -24 | -41 | -5 | -21 |
| 2019-08 | -22 | -43 | -5 | -18 |
| 2019-09 | -22 | -40 | -2 | -18 |
| 2019-10 | -23 | -38 | -4 | -18 |
| 2019-11 | -21 | -35 | -2 | -17 |
| 2019-12 | -28 | -39 | -7 | -19 |
| 2020-01 | -29 | -39 | -3 | -16 |
graphiqueBalances on personal financial situation and standard of living in France
- Source: INSEE.
tableauCONSUMER OPINION: synthetic index and opinion balances
| Avg. (1) | Oct 19 | Nov 19 | Dec 19 | Jan 20 | |
|---|---|---|---|---|---|
| Synthetic index (2) | 100 | 104 | 105 | 102 | 104 |
| Financial sit., past 12 m. | -21 | -18 | -17 | -19 | -16 |
| Financial sit., next 12 m. | -6 | -4 | -2 | -7 | -3 |
| Current saving capacity | 9 | 13 | 13 | 13 | 13 |
| Expected saving capacity | -9 | -1 | 0 | -3 | -1 |
| Savings intentions, next 12 m. | 17 | 11 | 10 | 9 | 7 |
| Major purchases intentions, next 12 m. | -14 | -6 | -4 | -7 | -6 |
| Standard of living, past 12 m. | -45 | -38 | -35 | -39 | -39 |
| Standard of living, next 12 m. | -25 | -23 | -21 | -28 | -29 |
| Unemployment, next 12 m. | 33 | 3 | 2 | 8 | 8 |
| Consumer prices, past 12 m. | -17 | -27 | -32 | -34 | -34 |
| Consumer prices, next 12 m. | -33 | -23 | -25 | -25 | -26 |
- (1) Average value between January 1987 and December 2019
- (2) The indicator is normalised in such a way that its average equals 100 and standard error equals 10 over the estimation period (1987–2019).
- Source: INSEE, monthly consumer confidence survey
Economic situation in France
Future standard of living in France: slight decline
In January, households’ opinion balance about the future standard of living in France has lost one point: it stands below its long-term average.
The share of households considering that the past standard of living in France has improved during the last twelve months has been stable. The corresponding balance stands above its average.
Unemployment: fears have stabilized
Households' fears about the unemployment trend have been stable in January, after rising in December (+6 points). The corresponding balance remains well below its long-term average.
tableauHouseholds' unemployment expectations
| Households' unemployment expectations | |
|---|---|
| 2010-01 | 55 |
| 2010-02 | 49 |
| 2010-03 | 58 |
| 2010-04 | 57 |
| 2010-05 | 58 |
| 2010-06 | 65 |
| 2010-07 | 59 |
| 2010-08 | 46 |
| 2010-09 | 31 |
| 2010-10 | 35 |
| 2010-11 | 35 |
| 2010-12 | 34 |
| 2011-01 | 37 |
| 2011-02 | 41 |
| 2011-03 | 33 |
| 2011-04 | 35 |
| 2011-05 | 27 |
| 2011-06 | 29 |
| 2011-07 | 37 |
| 2011-08 | 51 |
| 2011-09 | 57 |
| 2011-10 | 49 |
| 2011-11 | 61 |
| 2011-12 | 59 |
| 2012-01 | 57 |
| 2012-02 | 56 |
| 2012-03 | 52 |
| 2012-04 | 55 |
| 2012-05 | 43 |
| 2012-06 | 53 |
| 2012-07 | 65 |
| 2012-08 | 73 |
| 2012-09 | 73 |
| 2012-10 | 73 |
| 2012-11 | 70 |
| 2012-12 | 74 |
| 2013-01 | 72 |
| 2013-02 | 73 |
| 2013-03 | 77 |
| 2013-04 | 74 |
| 2013-05 | 78 |
| 2013-06 | 78 |
| 2013-07 | 61 |
| 2013-08 | 56 |
| 2013-09 | 51 |
| 2013-10 | 38 |
| 2013-11 | 62 |
| 2013-12 | 48 |
| 2014-01 | 55 |
| 2014-02 | 55 |
| 2014-03 | 55 |
| 2014-04 | 57 |
| 2014-05 | 61 |
| 2014-06 | 67 |
| 2014-07 | 67 |
| 2014-08 | 62 |
| 2014-09 | 67 |
| 2014-10 | 52 |
| 2014-11 | 66 |
| 2014-12 | 65 |
| 2015-01 | 66 |
| 2015-02 | 58 |
| 2015-03 | 43 |
| 2015-04 | 61 |
| 2015-05 | 62 |
| 2015-06 | 60 |
| 2015-07 | 58 |
| 2015-08 | 50 |
| 2015-09 | 45 |
| 2015-10 | 47 |
| 2015-11 | 36 |
| 2015-12 | 45 |
| 2016-01 | 36 |
| 2016-02 | 44 |
| 2016-03 | 39 |
| 2016-04 | 51 |
| 2016-05 | 25 |
| 2016-06 | 26 |
| 2016-07 | 28 |
| 2016-08 | 33 |
| 2016-09 | 29 |
| 2016-10 | 30 |
| 2016-11 | 28 |
| 2016-12 | 18 |
| 2017-01 | 18 |
| 2017-02 | 19 |
| 2017-03 | 20 |
| 2017-04 | 15 |
| 2017-05 | 22 |
| 2017-06 | 6 |
| 2017-07 | 9 |
| 2017-08 | -1 |
| 2017-09 | 16 |
| 2017-10 | 12 |
| 2017-11 | 5 |
| 2017-12 | 6 |
| 2018-01 | 0 |
| 2018-02 | 5 |
| 2018-03 | 4 |
| 2018-04 | 4 |
| 2018-05 | 4 |
| 2018-06 | 16 |
| 2018-07 | 14 |
| 2018-08 | 24 |
| 2018-09 | 23 |
| 2018-10 | 7 |
| 2018-11 | 30 |
| 2018-12 | 29 |
| 2019-01 | 31 |
| 2019-02 | 12 |
| 2019-03 | 21 |
| 2019-04 | 25 |
| 2019-05 | 14 |
| 2019-06 | 14 |
| 2019-07 | 12 |
| 2019-08 | 7 |
| 2019-09 | 2 |
| 2019-10 | 3 |
| 2019-11 | 2 |
| 2019-12 | 8 |
| 2020-01 | 8 |
graphiqueHouseholds' unemployment expectations
- Source: INSEE.
Perceived and expected inflation: virtual stability
In January, households’ opinion balance on past prices has been stable and remains below its long-term average.
Households considering that prices will be on the rise during the next twelve months have been slightly less numerous than the previous month: the corresponding balance has lost one point but remains above its average.
tableauHouseholds' perception of prices
| Past prices | Future prices | |
|---|---|---|
| 2010-01 | -14 | -41 |
| 2010-02 | -19 | -41 |
| 2010-03 | -19 | -39 |
| 2010-04 | -10 | -34 |
| 2010-05 | -11 | -28 |
| 2010-06 | -10 | -29 |
| 2010-07 | -6 | -27 |
| 2010-08 | -4 | -24 |
| 2010-09 | -2 | -29 |
| 2010-10 | 0 | -25 |
| 2010-11 | 3 | -25 |
| 2010-12 | 9 | -22 |
| 2011-01 | 18 | -19 |
| 2011-02 | 25 | -9 |
| 2011-03 | 30 | 6 |
| 2011-04 | 46 | 0 |
| 2011-05 | 40 | -13 |
| 2011-06 | 33 | -14 |
| 2011-07 | 32 | -18 |
| 2011-08 | 27 | -18 |
| 2011-09 | 25 | -20 |
| 2011-10 | 22 | -23 |
| 2011-11 | 20 | -15 |
| 2011-12 | 19 | -16 |
| 2012-01 | 21 | -17 |
| 2012-02 | 23 | -11 |
| 2012-03 | 22 | -21 |
| 2012-04 | 27 | -20 |
| 2012-05 | 12 | -32 |
| 2012-06 | 12 | -34 |
| 2012-07 | -2 | -25 |
| 2012-08 | -1 | -16 |
| 2012-09 | 3 | -13 |
| 2012-10 | -1 | -15 |
| 2012-11 | -4 | -14 |
| 2012-12 | -7 | -19 |
| 2013-01 | -8 | -19 |
| 2013-02 | -10 | -22 |
| 2013-03 | -10 | -14 |
| 2013-04 | -13 | -20 |
| 2013-05 | -16 | -17 |
| 2013-06 | -11 | -19 |
| 2013-07 | -8 | -17 |
| 2013-08 | -3 | -21 |
| 2013-09 | 4 | -24 |
| 2013-10 | -8 | -21 |
| 2013-11 | -8 | -23 |
| 2013-12 | -8 | -17 |
| 2014-01 | -14 | -16 |
| 2014-02 | -19 | -22 |
| 2014-03 | -23 | -28 |
| 2014-04 | -24 | -29 |
| 2014-05 | -23 | -26 |
| 2014-06 | -28 | -31 |
| 2014-07 | -31 | -31 |
| 2014-08 | -35 | -36 |
| 2014-09 | -40 | -33 |
| 2014-10 | -38 | -28 |
| 2014-11 | -38 | -37 |
| 2014-12 | -46 | -43 |
| 2015-01 | -50 | -46 |
| 2015-02 | -51 | -45 |
| 2015-03 | -53 | -47 |
| 2015-04 | -51 | -43 |
| 2015-05 | -56 | -40 |
| 2015-06 | -54 | -38 |
| 2015-07 | -52 | -37 |
| 2015-08 | -50 | -36 |
| 2015-09 | -53 | -41 |
| 2015-10 | -50 | -41 |
| 2015-11 | -50 | -41 |
| 2015-12 | -51 | -39 |
| 2016-01 | -52 | -42 |
| 2016-02 | -56 | -39 |
| 2016-03 | -58 | -37 |
| 2016-04 | -58 | -37 |
| 2016-05 | -53 | -38 |
| 2016-06 | -53 | -35 |
| 2016-07 | -51 | -36 |
| 2016-08 | -51 | -35 |
| 2016-09 | -46 | -34 |
| 2016-10 | -52 | -38 |
| 2016-11 | -52 | -39 |
| 2016-12 | -47 | -29 |
| 2017-01 | -43 | -24 |
| 2017-02 | -46 | -31 |
| 2017-03 | -47 | -25 |
| 2017-04 | -51 | -27 |
| 2017-05 | -56 | -33 |
| 2017-06 | -56 | -40 |
| 2017-07 | -53 | -31 |
| 2017-08 | -54 | -32 |
| 2017-09 | -54 | -30 |
| 2017-10 | -50 | -24 |
| 2017-11 | -45 | -28 |
| 2017-12 | -46 | -35 |
| 2018-01 | -40 | -16 |
| 2018-02 | -34 | -20 |
| 2018-03 | -39 | -23 |
| 2018-04 | -40 | -25 |
| 2018-05 | -31 | -17 |
| 2018-06 | -27 | -19 |
| 2018-07 | -25 | -20 |
| 2018-08 | -25 | -21 |
| 2018-09 | -15 | -16 |
| 2018-10 | -14 | -16 |
| 2018-11 | -9 | -13 |
| 2018-12 | -9 | -24 |
| 2019-01 | -31 | -41 |
| 2019-02 | -27 | -18 |
| 2019-03 | -20 | -22 |
| 2019-04 | -20 | -21 |
| 2019-05 | -20 | -21 |
| 2019-06 | -20 | -21 |
| 2019-07 | -26 | -22 |
| 2019-08 | -26 | -21 |
| 2019-09 | -27 | -25 |
| 2019-10 | -27 | -23 |
| 2019-11 | -32 | -25 |
| 2019-12 | -34 | -25 |
| 2020-01 | -34 | -26 |
graphiqueHouseholds' perception of prices
- Source: INSEE.
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Definition – The synthetic households’ confidence index summarizes households’ opinion on the economic situation: the higher its value, the more favorable households’ judgment of the economic situation is. It is calculated using a factor analysis technique, which enables to summarize concomitant movements of highly correlated variables. The index describes here the common factor of 8 balances of opinion: past and future general economic situation in France, past and future personal financial situation, unemployment, major purchases intentions, current savings capacity and expected savings capacity.
Calculation method – Around 2,000 households are surveyed by telephone, during the first three weeks of each month. Answers to this survey were collected between 2 and January 20 2020. For each question, a balance of opinion is calculated as the difference between the percentages of positive and negative answers. Since the level of these balances is not open to direct interpretation, comments are based on their changes and their distance to their long–term average. Seasonal coefficients are calculated again every month, hence the slight revision of the seasonal adjusted balances history at each publication.
Next publication: February 26 2020 at 8:45 am
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