29 July 2020
2020- n° 195In July 2020, households’ confidence has decreased Monthly consumer confidence survey - July 2020
In July 2020, households’ confidence in the economic situation has decreased: the synthetic index has lost 2 points, after gaining 4 points last month. At 94, it remains below its long-term average (100).
In July 2020, households’ confidence in the economic situation has decreased: the synthetic index has lost 2 points, after gaining 4 points last month. At 94, it remains below 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 | 111 |
| 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 | 84 |
| 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 |
| 2020-02 | 105 |
| 2020-03 | 103 |
| 2020-04 | 95 |
| 2020-05 | 92 |
| 2020-06 | 96 |
| 2020-07 | 94 |
graphiqueConsumer confidence synthetic index
- Source: INSEE.
Personal situation
Past financial situation: slight decrease
Households' opinion balance on their past financial situation has lost 3 points. It nevertheless remains above its long-term average. The balance related to their future financial situation has remained stable, standing slightly below its long-term average.
In July, the share of households considering it is a suitable time to make major purchases has decreased slightly: the corresponding balance has lost one point and falls just below its long-term average.
Saving opportunity: clear increase
In July, the share of households considering it is a suitable time to save has increased for the third consecutive month: the corresponding balance has gained 9 points and thus exceeds its long-term average.
Households’ opinion balance related to their expected saving capacity has increased by 2 points and remains well above its long-term average. Households’ opinion balance on their current saving capacity has lost 2 points but stands well above 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 | |
|---|---|---|---|---|
| 2005-01 | -30 | -56 | -5 | -21 |
| 2005-02 | -29 | -53 | -4 | -20 |
| 2005-03 | -31 | -54 | -6 | -22 |
| 2005-04 | -32 | -54 | -5 | -22 |
| 2005-05 | -37 | -59 | -8 | -24 |
| 2005-06 | -33 | -65 | -6 | -25 |
| 2005-07 | -36 | -65 | -7 | -25 |
| 2005-08 | -37 | -65 | -8 | -25 |
| 2005-09 | -38 | -66 | -8 | -26 |
| 2005-10 | -40 | -66 | -10 | -29 |
| 2005-11 | -41 | -65 | -10 | -28 |
| 2005-12 | -35 | -63 | -7 | -23 |
| 2006-01 | -33 | -60 | -5 | -22 |
| 2006-02 | -31 | -55 | -4 | -21 |
| 2006-03 | -34 | -57 | -6 | -19 |
| 2006-04 | -38 | -59 | -6 | -21 |
| 2006-05 | -38 | -61 | -6 | -23 |
| 2006-06 | -38 | -59 | -7 | -21 |
| 2006-07 | -33 | -55 | -5 | -19 |
| 2006-08 | -33 | -57 | -4 | -20 |
| 2006-09 | -28 | -54 | -4 | -20 |
| 2006-10 | -24 | -55 | -3 | -22 |
| 2006-11 | -25 | -56 | -4 | -22 |
| 2006-12 | -26 | -56 | -5 | -21 |
| 2007-01 | -23 | -57 | -4 | -22 |
| 2007-02 | -19 | -56 | -4 | -22 |
| 2007-03 | -17 | -56 | -2 | -20 |
| 2007-04 | -15 | -56 | -2 | -20 |
| 2007-05 | 3 | -50 | 7 | -16 |
| 2007-06 | 0 | -44 | 3 | -13 |
| 2007-07 | -6 | -44 | -1 | -15 |
| 2007-08 | -16 | -48 | -4 | -16 |
| 2007-09 | -25 | -51 | -5 | -17 |
| 2007-10 | -23 | -54 | -6 | -20 |
| 2007-11 | -37 | -61 | -10 | -23 |
| 2007-12 | -30 | -63 | -10 | -26 |
| 2008-01 | -42 | -67 | -16 | -29 |
| 2008-02 | -40 | -69 | -14 | -29 |
| 2008-03 | -37 | -71 | -14 | -33 |
| 2008-04 | -41 | -70 | -16 | -32 |
| 2008-05 | -46 | -75 | -18 | -34 |
| 2008-06 | -55 | -78 | -24 | -37 |
| 2008-07 | -54 | -80 | -21 | -38 |
| 2008-08 | -51 | -81 | -20 | -37 |
| 2008-09 | -49 | -79 | -17 | -35 |
| 2008-10 | -57 | -81 | -21 | -33 |
| 2008-11 | -53 | -78 | -20 | -33 |
| 2008-12 | -56 | -78 | -20 | -32 |
| 2009-01 | -56 | -75 | -19 | -31 |
| 2009-02 | -57 | -77 | -20 | -30 |
| 2009-03 | -56 | -77 | -20 | -30 |
| 2009-04 | -50 | -76 | -17 | -29 |
| 2009-05 | -46 | -76 | -15 | -30 |
| 2009-06 | -43 | -73 | -12 | -25 |
| 2009-07 | -43 | -75 | -12 | -26 |
| 2009-08 | -40 | -72 | -12 | -30 |
| 2009-09 | -38 | -71 | -11 | -27 |
| 2009-10 | -38 | -70 | -12 | -27 |
| 2009-11 | -33 | -67 | -8 | -25 |
| 2009-12 | -34 | -65 | -10 | -23 |
| 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 | -69 | -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 | -21 | -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 | -73 | -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 | -34 | -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 | -53 | -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 | -36 | -57 | -13 | -25 |
| 2016-05 | -28 | -48 | -10 | -25 |
| 2016-06 | -33 | -54 | -10 | -23 |
| 2016-07 | -33 | -53 | -10 | -29 |
| 2016-08 | -35 | -54 | -10 | -22 |
| 2016-09 | -29 | -54 | -9 | -23 |
| 2016-10 | -29 | -53 | -7 | -23 |
| 2016-11 | -26 | -49 | -8 | -24 |
| 2016-12 | -22 | -51 | -7 | -21 |
| 2017-01 | -27 | -47 | -5 | -22 |
| 2017-02 | -23 | -48 | -6 | -22 |
| 2017-03 | -22 | -48 | -7 | -20 |
| 2017-04 | -21 | -52 | -9 | -20 |
| 2017-05 | -17 | -45 | -7 | -20 |
| 2017-06 | 0 | -40 | -4 | -15 |
| 2017-07 | -12 | -40 | -11 | -18 |
| 2017-08 | -21 | -40 | -9 | -18 |
| 2017-09 | -21 | -41 | -11 | -21 |
| 2017-10 | -25 | -39 | -16 | -21 |
| 2017-11 | -19 | -39 | -10 | -19 |
| 2017-12 | -12 | -30 | -9 | -16 |
| 2018-01 | -19 | -30 | -12 | -16 |
| 2018-02 | -24 | -35 | -18 | -23 |
| 2018-03 | -22 | -40 | -12 | -24 |
| 2018-04 | -19 | -37 | -11 | -26 |
| 2018-05 | -27 | -40 | -14 | -26 |
| 2018-06 | -33 | -47 | -14 | -27 |
| 2018-07 | -33 | -47 | -12 | -28 |
| 2018-08 | -31 | -46 | -12 | -30 |
| 2018-09 | -37 | -49 | -17 | -30 |
| 2018-10 | -33 | -52 | -16 | -29 |
| 2018-11 | -45 | -57 | -18 | -28 |
| 2018-12 | -38 | -65 | -21 | -32 |
| 2019-01 | -31 | -62 | -14 | -28 |
| 2019-02 | -29 | -56 | -12 | -25 |
| 2019-03 | -26 | -54 | -10 | -26 |
| 2019-04 | -25 | -55 | -7 | -25 |
| 2019-05 | -24 | -52 | -5 | -24 |
| 2019-06 | -24 | -44 | -6 | -23 |
| 2019-07 | -25 | -42 | -5 | -21 |
| 2019-08 | -24 | -42 | -5 | -18 |
| 2019-09 | -23 | -38 | -2 | -18 |
| 2019-10 | -24 | -37 | -4 | -18 |
| 2019-11 | -22 | -34 | -2 | -17 |
| 2019-12 | -29 | -38 | -6 | -19 |
| 2020-01 | -29 | -38 | -3 | -16 |
| 2020-02 | -25 | -37 | -5 | -14 |
| 2020-03 | -35 | -33 | -7 | -13 |
| 2020-04 | -69 | -32 | -21 | -7 |
| 2020-05 | -70 | -48 | -20 | -10 |
| 2020-06 | -54 | -57 | -8 | -12 |
| 2020-07 | -53 | -66 | -8 | -15 |
graphiqueBalances on personal financial situation and standard of living in France
- Source: INSEE
tableauCONSUMER OPINION: synthetic index and opinion balances
| Avg. (1) | April 20 | May 20 | June 20 | July 20 | |
|---|---|---|---|---|---|
| Synthetic index (2) | 100 | 95 | 92 | 96 | 94 |
| Financial sit., past 12 m. | -21 | -7 | -10 | -12 | -15 |
| Financial sit., next 12 m. | -6 | -21 | -20 | -8 | -8 |
| Current saving capacity | 9 | 19 | 19 | 26 | 24 |
| Expected saving capacity | -9 | 0 | -1 | 7 | 9 |
| Savings intentions, next 12 m. | 17 | 4 | 13 | 14 | 23 |
| Major purchases intentions, next 12 m. | -14 | -60 | -45 | -14 | -15 |
| Standard of living, past 12 m. | -45 | -32 | -48 | -57 | -66 |
| Standard of living, next 12 m. | -25 | -69 | -70 | -54 | -53 |
| Unemployment, next 12 m. | 33 | 62 | 76 | 78 | 76 |
| Consumer prices, past 12 m. | -17 | -50 | -30 | -31 | -28 |
| Consumer prices, next 12 m. | -33 | 13 | 3 | -13 | -22 |
- (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
Past standard of living in France: sharp decrease
In July, the share of households considering that the standard of living in France has improved during the past twelve months has decreased sharply for the third consecutive month. The corresponding balance has lost 9 points and remains below its long-term average.
Households’ opinion balance about the future standard of living in France has increased a little. It has gained one point but remains well below its long-term average.
Unemployment: fears remain at a high level
Households' fears about the unemployment trend have decreased slightly in July. The corresponding balance has lost 2 points but it remains well above its long-term average.
tableauHouseholds' unemployment expectations
| Households' unemployment expectations | |
|---|---|
| 2005-01 | 47 |
| 2005-02 | 37 |
| 2005-03 | 42 |
| 2005-04 | 45 |
| 2005-05 | 59 |
| 2005-06 | 36 |
| 2005-07 | 36 |
| 2005-08 | 29 |
| 2005-09 | 22 |
| 2005-10 | 16 |
| 2005-11 | 15 |
| 2005-12 | 14 |
| 2006-01 | 9 |
| 2006-02 | 8 |
| 2006-03 | 24 |
| 2006-04 | 17 |
| 2006-05 | 13 |
| 2006-06 | 15 |
| 2006-07 | 5 |
| 2006-08 | 6 |
| 2006-09 | 0 |
| 2006-10 | 5 |
| 2006-11 | 3 |
| 2006-12 | 21 |
| 2007-01 | 7 |
| 2007-02 | 6 |
| 2007-03 | 9 |
| 2007-04 | 3 |
| 2007-05 | -14 |
| 2007-06 | -10 |
| 2007-07 | -15 |
| 2007-08 | -5 |
| 2007-09 | 3 |
| 2007-10 | 2 |
| 2007-11 | 3 |
| 2007-12 | -3 |
| 2008-01 | 1 |
| 2008-02 | 6 |
| 2008-03 | 7 |
| 2008-04 | 3 |
| 2008-05 | 15 |
| 2008-06 | 14 |
| 2008-07 | 27 |
| 2008-08 | 39 |
| 2008-09 | 45 |
| 2008-10 | 64 |
| 2008-11 | 69 |
| 2008-12 | 76 |
| 2009-01 | 75 |
| 2009-02 | 75 |
| 2009-03 | 74 |
| 2009-04 | 78 |
| 2009-05 | 81 |
| 2009-06 | 85 |
| 2009-07 | 75 |
| 2009-08 | 64 |
| 2009-09 | 67 |
| 2009-10 | 60 |
| 2009-11 | 55 |
| 2009-12 | 54 |
| 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 | 34 |
| 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 | 37 |
| 2013-11 | 62 |
| 2013-12 | 48 |
| 2014-01 | 56 |
| 2014-02 | 55 |
| 2014-03 | 55 |
| 2014-04 | 57 |
| 2014-05 | 60 |
| 2014-06 | 67 |
| 2014-07 | 67 |
| 2014-08 | 62 |
| 2014-09 | 67 |
| 2014-10 | 52 |
| 2014-11 | 66 |
| 2014-12 | 66 |
| 2015-01 | 66 |
| 2015-02 | 58 |
| 2015-03 | 44 |
| 2015-04 | 61 |
| 2015-05 | 61 |
| 2015-06 | 61 |
| 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 | 52 |
| 2016-05 | 23 |
| 2016-06 | 25 |
| 2016-07 | 28 |
| 2016-08 | 33 |
| 2016-09 | 28 |
| 2016-10 | 30 |
| 2016-11 | 29 |
| 2016-12 | 19 |
| 2017-01 | 18 |
| 2017-02 | 21 |
| 2017-03 | 21 |
| 2017-04 | 16 |
| 2017-05 | 20 |
| 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 | 7 |
| 2018-03 | 4 |
| 2018-04 | 5 |
| 2018-05 | 1 |
| 2018-06 | 14 |
| 2018-07 | 13 |
| 2018-08 | 23 |
| 2018-09 | 22 |
| 2018-10 | 7 |
| 2018-11 | 30 |
| 2018-12 | 30 |
| 2019-01 | 33 |
| 2019-02 | 15 |
| 2019-03 | 20 |
| 2019-04 | 28 |
| 2019-05 | 10 |
| 2019-06 | 11 |
| 2019-07 | 10 |
| 2019-08 | 6 |
| 2019-09 | 2 |
| 2019-10 | 4 |
| 2019-11 | 2 |
| 2019-12 | 10 |
| 2020-01 | 10 |
| 2020-02 | -3 |
| 2020-03 | 18 |
| 2020-04 | 62 |
| 2020-05 | 76 |
| 2020-06 | 78 |
| 2020-07 | 76 |
graphiqueHouseholds' unemployment expectations
- Source: INSEE
Expected inflation: down again
In July, households considering that prices will be on the rise during the next twelve months have been markedly less numerous than the previous month: the corresponding balance has lost 9 points. Nevertheless, it stands above its long-term average.
Households considering that prices were on the rise during the past twelve months have been a little bit more numerous than the previous month: the corresponding balance has gained 3 points but remains clearly below its long-term average.
tableauHouseholds' perception of prices
| Past prices | Future prices | |
|---|---|---|
| 2005-01 | 14 | -44 |
| 2005-02 | 15 | -41 |
| 2005-03 | 15 | -40 |
| 2005-04 | 14 | -40 |
| 2005-05 | 15 | -40 |
| 2005-06 | 11 | -40 |
| 2005-07 | 13 | -35 |
| 2005-08 | 12 | -32 |
| 2005-09 | 12 | -31 |
| 2005-10 | 11 | -32 |
| 2005-11 | 9 | -35 |
| 2005-12 | 4 | -35 |
| 2006-01 | 1 | -37 |
| 2006-02 | 4 | -36 |
| 2006-03 | -3 | -35 |
| 2006-04 | 7 | -32 |
| 2006-05 | 18 | -29 |
| 2006-06 | 11 | -32 |
| 2006-07 | 7 | -34 |
| 2006-08 | 10 | -37 |
| 2006-09 | 14 | -40 |
| 2006-10 | 12 | -39 |
| 2006-11 | 13 | -38 |
| 2006-12 | 18 | -35 |
| 2007-01 | 17 | -38 |
| 2007-02 | 11 | -39 |
| 2007-03 | 6 | -36 |
| 2007-04 | 5 | -34 |
| 2007-05 | -1 | -43 |
| 2007-06 | -3 | -31 |
| 2007-07 | 6 | -27 |
| 2007-08 | 13 | -21 |
| 2007-09 | 20 | -15 |
| 2007-10 | 27 | -20 |
| 2007-11 | 45 | -8 |
| 2007-12 | 54 | -25 |
| 2008-01 | 51 | -15 |
| 2008-02 | 51 | -30 |
| 2008-03 | 67 | -45 |
| 2008-04 | 63 | -38 |
| 2008-05 | 71 | -39 |
| 2008-06 | 70 | -31 |
| 2008-07 | 67 | -30 |
| 2008-08 | 60 | -42 |
| 2008-09 | 50 | -53 |
| 2008-10 | 43 | -37 |
| 2008-11 | 29 | -47 |
| 2008-12 | 19 | -50 |
| 2009-01 | 6 | -51 |
| 2009-02 | 7 | -49 |
| 2009-03 | -1 | -54 |
| 2009-04 | -6 | -56 |
| 2009-05 | -11 | -57 |
| 2009-06 | -16 | -56 |
| 2009-07 | -19 | -52 |
| 2009-08 | -18 | -53 |
| 2009-09 | -25 | -48 |
| 2009-10 | -16 | -45 |
| 2009-11 | -14 | -48 |
| 2009-12 | -14 | -44 |
| 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 | -36 |
| 2014-12 | -46 | -43 |
| 2015-01 | -50 | -46 |
| 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 | -42 |
| 2016-02 | -56 | -39 |
| 2016-03 | -57 | -37 |
| 2016-04 | -57 | -37 |
| 2016-05 | -53 | -39 |
| 2016-06 | -53 | -36 |
| 2016-07 | -51 | -37 |
| 2016-08 | -51 | -35 |
| 2016-09 | -46 | -34 |
| 2016-10 | -52 | -38 |
| 2016-11 | -52 | -39 |
| 2016-12 | -48 | -28 |
| 2017-01 | -43 | -24 |
| 2017-02 | -46 | -31 |
| 2017-03 | -46 | -25 |
| 2017-04 | -50 | -27 |
| 2017-05 | -57 | -34 |
| 2017-06 | -56 | -41 |
| 2017-07 | -54 | -31 |
| 2017-08 | -54 | -32 |
| 2017-09 | -55 | -29 |
| 2017-10 | -50 | -23 |
| 2017-11 | -45 | -28 |
| 2017-12 | -46 | -33 |
| 2018-01 | -40 | -16 |
| 2018-02 | -34 | -20 |
| 2018-03 | -37 | -23 |
| 2018-04 | -39 | -26 |
| 2018-05 | -31 | -19 |
| 2018-06 | -27 | -21 |
| 2018-07 | -26 | -21 |
| 2018-08 | -25 | -21 |
| 2018-09 | -15 | -15 |
| 2018-10 | -15 | -14 |
| 2018-11 | -10 | -12 |
| 2018-12 | -9 | -21 |
| 2019-01 | -32 | -40 |
| 2019-02 | -27 | -19 |
| 2019-03 | -17 | -23 |
| 2019-04 | -19 | -22 |
| 2019-05 | -21 | -24 |
| 2019-06 | -20 | -23 |
| 2019-07 | -27 | -24 |
| 2019-08 | -27 | -20 |
| 2019-09 | -28 | -24 |
| 2019-10 | -27 | -21 |
| 2019-11 | -32 | -24 |
| 2019-12 | -34 | -22 |
| 2020-01 | -34 | -24 |
| 2020-02 | -34 | -25 |
| 2020-03 | -38 | -13 |
| 2020-04 | -50 | 13 |
| 2020-05 | -30 | 3 |
| 2020-06 | -31 | -13 |
| 2020-07 | -28 | -22 |
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 June 26 and July 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: 26 August 2020 at 8:45 am
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