27 March 2020
2020- n° 82In early March 2020, households’ fears about the future economic situation increased
sharply Monthly consumer confidence survey - March 2020
In early March, households’ confidence in the economic situation decreased slightly: the synthetic index lost one point, now standing at 103.
The survey was conducted from February, 26th to March, 17th 2020, essentially before the containment of the population began, on March, 16th, in the context of the fight against the spread of the Covid-19 virus. The collection of responses was shortened by one day compared to the dates initially planned. Therefore, this publication mainly reflects households’ views on the economic situation in early March.
In early March, households’ confidence in the economic situation decreased slightly: the synthetic index lost one point, now standing at 103.
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 | 94 |
| 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 |
| 2020-02 | 104 |
| 2020-03 | 103 |
graphiqueConsumer confidence synthetic index
- Source: INSEE.
Personal situation
Suitable time to make major purchases: sharp decrease
In early March, the share of households considering it is a suitable time to make major purchases decreased markedly compared to the previous month. The corresponding balance lost seven points and tumbled below its long term average.
Households' opinion balance on their future financial situation lost another two points and thus fell slightly below its long-term average. The balance related to their past financial situation gained two points and remains above its long-term average.
Saving capacity: slight increase
In early March, households’ opinion balance on their expected saving capacity increased again, by two points this month and remains above its long-term average. Households’ opinion balance related to their current saving capacity gained one point and also stays above its long-term average.
The share of households considering it is a suitable time to save increased compared to February. The corresponding balance gained two points but 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 | -72 | -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 | -23 | -33 |
| 2014-06 | -48 | -69 | -20 | -36 |
| 2014-07 | -49 | -70 | -17 | -32 |
| 2014-08 | -47 | -70 | -20 | -33 |
| 2014-09 | -51 | -71 | -20 | -30 |
| 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 | -58 | -12 | -24 |
| 2015-05 | -34 | -58 | -14 | -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 | -31 | -54 | -7 | -26 |
| 2016-01 | -27 | -55 | -9 | -24 |
| 2016-02 | -32 | -56 | -10 | -24 |
| 2016-03 | -35 | -57 | -12 | -24 |
| 2016-04 | -36 | -57 | -13 | -25 |
| 2016-05 | -28 | -48 | -10 | -25 |
| 2016-06 | -33 | -54 | -10 | -23 |
| 2016-07 | -33 | -53 | -10 | -28 |
| 2016-08 | -34 | -54 | -10 | -22 |
| 2016-09 | -29 | -54 | -9 | -23 |
| 2016-10 | -29 | -53 | -7 | -23 |
| 2016-11 | -26 | -49 | -8 | -24 |
| 2016-12 | -23 | -51 | -7 | -22 |
| 2017-01 | -27 | -47 | -5 | -22 |
| 2017-02 | -23 | -48 | -6 | -22 |
| 2017-03 | -22 | -48 | -7 | -20 |
| 2017-04 | -21 | -51 | -10 | -19 |
| 2017-05 | -17 | -45 | -6 | -19 |
| 2017-06 | 1 | -40 | -4 | -14 |
| 2017-07 | -11 | -40 | -11 | -17 |
| 2017-08 | -20 | -40 | -9 | -17 |
| 2017-09 | -21 | -42 | -11 | -21 |
| 2017-10 | -24 | -40 | -15 | -21 |
| 2017-11 | -19 | -39 | -10 | -19 |
| 2017-12 | -13 | -30 | -9 | -17 |
| 2018-01 | -19 | -29 | -12 | -16 |
| 2018-02 | -24 | -35 | -18 | -23 |
| 2018-03 | -24 | -40 | -12 | -24 |
| 2018-04 | -21 | -36 | -11 | -26 |
| 2018-05 | -28 | -39 | -14 | -25 |
| 2018-06 | -32 | -47 | -14 | -27 |
| 2018-07 | -32 | -48 | -12 | -28 |
| 2018-08 | -30 | -47 | -12 | -30 |
| 2018-09 | -36 | -50 | -17 | -30 |
| 2018-10 | -32 | -52 | -16 | -29 |
| 2018-11 | -45 | -57 | -18 | -28 |
| 2018-12 | -38 | -65 | -21 | -33 |
| 2019-01 | -32 | -61 | -14 | -28 |
| 2019-02 | -30 | -56 | -12 | -25 |
| 2019-03 | -28 | -54 | -10 | -26 |
| 2019-04 | -27 | -54 | -8 | -25 |
| 2019-05 | -25 | -51 | -5 | -23 |
| 2019-06 | -23 | -44 | -6 | -22 |
| 2019-07 | -23 | -42 | -5 | -20 |
| 2019-08 | -22 | -44 | -4 | -18 |
| 2019-09 | -22 | -40 | -2 | -18 |
| 2019-10 | -24 | -38 | -4 | -18 |
| 2019-11 | -22 | -35 | -2 | -17 |
| 2019-12 | -29 | -38 | -6 | -20 |
| 2020-01 | -30 | -37 | -3 | -16 |
| 2020-02 | -26 | -37 | -5 | -15 |
| 2020-03 | -36 | -33 | -7 | -13 |
graphiqueBalances on personal financial situation and standard of living in France
- Source: INSEE.
tableauCONSUMER OPINION: synthetic index and opinion balances
| Avg. (1) | Dec 19 | Jan 20 | Feb 20 | Mar 20 | |
|---|---|---|---|---|---|
| Synthetic index (2) | 100 | 102 | 104 | 104 | 103 |
| Financial sit., past 12 m. | -21 | -20 | -16 | -15 | -13 |
| Financial sit., next 12 m. | -6 | -6 | -3 | -5 | -7 |
| Current saving capacity | 9 | 14 | 13 | 14 | 15 |
| Expected saving capacity | -9 | -6 | -1 | 0 | 2 |
| Savings intentions, next 12 m. | 17 | 10 | 7 | 7 | 9 |
| Major purchases intentions, next 12 m. | -14 | -8 | -8 | -9 | -16 |
| Standard of living, past 12 m. | -45 | -38 | -37 | -37 | -33 |
| Standard of living, next 12 m. | -25 | -29 | -30 | -26 | -36 |
| Unemployment, next 12 m. | 33 | 9 | 9 | -6 | 16 |
| Consumer prices, past 12 m. | -17 | -34 | -35 | -36 | -39 |
| Consumer prices, next 12 m. | -33 | -23 | -24 | -24 | -13 |
- (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: sharp decrease
Households’ opinion balance about the future standard of living in France decreased sharply in early March: it lost ten points and tumbled below its long-term average.
On the contrary, the share of households considering that the past standard of living in France has improved during the past twelve months increased. The corresponding balance gained four points and remains above its long-term average.
Unemployment: rising fears
Households' fears about the unemployment trend increased sharply in early March (even before the announcement of the containment period). The corresponding balance increased by twenty-two points but remains 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 | 61 |
| 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 | 45 |
| 2016-03 | 39 |
| 2016-04 | 51 |
| 2016-05 | 24 |
| 2016-06 | 26 |
| 2016-07 | 28 |
| 2016-08 | 33 |
| 2016-09 | 29 |
| 2016-10 | 30 |
| 2016-11 | 29 |
| 2016-12 | 19 |
| 2017-01 | 18 |
| 2017-02 | 20 |
| 2017-03 | 20 |
| 2017-04 | 15 |
| 2017-05 | 21 |
| 2017-06 | 5 |
| 2017-07 | 9 |
| 2017-08 | -2 |
| 2017-09 | 16 |
| 2017-10 | 13 |
| 2017-11 | 6 |
| 2017-12 | 6 |
| 2018-01 | 1 |
| 2018-02 | 6 |
| 2018-03 | 3 |
| 2018-04 | 3 |
| 2018-05 | 3 |
| 2018-06 | 16 |
| 2018-07 | 14 |
| 2018-08 | 23 |
| 2018-09 | 22 |
| 2018-10 | 7 |
| 2018-11 | 30 |
| 2018-12 | 30 |
| 2019-01 | 32 |
| 2019-02 | 14 |
| 2019-03 | 19 |
| 2019-04 | 25 |
| 2019-05 | 13 |
| 2019-06 | 14 |
| 2019-07 | 12 |
| 2019-08 | 7 |
| 2019-09 | 2 |
| 2019-10 | 3 |
| 2019-11 | 2 |
| 2019-12 | 9 |
| 2020-01 | 9 |
| 2020-02 | -6 |
| 2020-03 | 16 |
graphiqueHouseholds' unemployment expectations
- Source: INSEE.
Expected inflation: marked increase
In early March, households considering that prices will be on the rise during the next twelve months were clearly more numerous than the previous month: the corresponding balance gained eleven points and still remains well above its long term average.
On the contrary, households’ considering that prices were on rise during the past twelve months were slightly less numerous than the previous month: the corresponding balance lost three points and stands well below its long term 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 | -15 | -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 | -45 |
| 2015-02 | -51 | -45 |
| 2015-03 | -53 | -48 |
| 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 | -41 |
| 2016-02 | -56 | -39 |
| 2016-03 | -58 | -37 |
| 2016-04 | -57 | -37 |
| 2016-05 | -53 | -38 |
| 2016-06 | -53 | -36 |
| 2016-07 | -51 | -37 |
| 2016-08 | -51 | -35 |
| 2016-09 | -45 | -34 |
| 2016-10 | -52 | -38 |
| 2016-11 | -52 | -39 |
| 2016-12 | -48 | -28 |
| 2017-01 | -44 | -24 |
| 2017-02 | -46 | -31 |
| 2017-03 | -46 | -25 |
| 2017-04 | -50 | -27 |
| 2017-05 | -56 | -34 |
| 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 | -34 |
| 2018-01 | -41 | -15 |
| 2018-02 | -35 | -19 |
| 2018-03 | -38 | -23 |
| 2018-04 | -39 | -26 |
| 2018-05 | -30 | -18 |
| 2018-06 | -26 | -20 |
| 2018-07 | -25 | -20 |
| 2018-08 | -25 | -22 |
| 2018-09 | -15 | -16 |
| 2018-10 | -15 | -15 |
| 2018-11 | -10 | -13 |
| 2018-12 | -9 | -23 |
| 2019-01 | -33 | -40 |
| 2019-02 | -28 | -17 |
| 2019-03 | -18 | -23 |
| 2019-04 | -19 | -22 |
| 2019-05 | -19 | -22 |
| 2019-06 | -19 | -22 |
| 2019-07 | -26 | -23 |
| 2019-08 | -26 | -21 |
| 2019-09 | -28 | -25 |
| 2019-10 | -27 | -23 |
| 2019-11 | -32 | -25 |
| 2019-12 | -34 | -23 |
| 2020-01 | -35 | -24 |
| 2020-02 | -36 | -24 |
| 2020-03 | -39 | -13 |
graphiqueHouseholds' perception of prices
- Source: INSEE.
For more information
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 February 28 and March 17 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: 28 April 2020 at 8:45 am
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