26 November 2020
2020- n° 301In November 2020, households’ confidence has decreased sharply and hit its lowest
level since December 2018 Monthly consumer confidence survey - November 2020
In November 2020, households’ confidence in the economic situation has decreased sharply: the synthetic index has lost four points compared to October. At 90, it has hit its lowest level since December 2018 and remains below its long-term average (100).
In November 2020, households’ confidence in the economic situation has decreased sharply: the synthetic index has lost four points compared to October. At 90, it has hit its lowest level since December 2018 and 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 | 107 |
| 2018-01 | 105 |
| 2018-02 | 100 |
| 2018-03 | 101 |
| 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 | 93 |
| 2019-02 | 95 |
| 2019-03 | 96 |
| 2019-04 | 97 |
| 2019-05 | 99 |
| 2019-06 | 100 |
| 2019-07 | 102 |
| 2019-08 | 102 |
| 2019-09 | 104 |
| 2019-10 | 104 |
| 2019-11 | 106 |
| 2019-12 | 103 |
| 2020-01 | 104 |
| 2020-02 | 105 |
| 2020-03 | 104 |
| 2020-04 | 95 |
| 2020-05 | 92 |
| 2020-06 | 96 |
| 2020-07 | 94 |
| 2020-08 | 94 |
| 2020-09 | 95 |
| 2020-10 | 94 |
| 2020-11 | 90 |
graphiqueConsumer confidence synthetic index
- Source: INSEE.
Personal situation
Future financial situation: sharp decrease
In November, households have been much more less optimistic concerning their future financial situation: the corresponding balance has lost five points and moves even further away its long-term average. Conversely, households' balance of opinions about their past financial situation has been stable above its average.
Furthermore, the share of households considering it is a suitable time to make major purchases has decreased markedly. The corresponding balance has lost eight points and remains below its long-term average. It hits its lowest level since last May.
Saving opportunity: increase
In November, households’ opinion balance related to their current saving capacity has declined by three points but remains well above its average. Households' balance of opinion on their future saving capacity has been stable and stays well above its long-term average.
The share of households considering it is a suitable time to save has increased again. The corresponding balance has gained three points and remains well above its 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 | -30 |
| 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 | -31 | -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 | -11 | -22 |
| 2016-09 | -29 | -54 | -9 | -23 |
| 2016-10 | -29 | -53 | -7 | -23 |
| 2016-11 | -25 | -49 | -8 | -24 |
| 2016-12 | -22 | -51 | -7 | -21 |
| 2017-01 | -26 | -47 | -5 | -22 |
| 2017-02 | -23 | -48 | -5 | -22 |
| 2017-03 | -22 | -48 | -7 | -20 |
| 2017-04 | -21 | -52 | -9 | -20 |
| 2017-05 | -17 | -45 | -6 | -20 |
| 2017-06 | 0 | -40 | -4 | -15 |
| 2017-07 | -12 | -40 | -11 | -18 |
| 2017-08 | -21 | -40 | -10 | -18 |
| 2017-09 | -21 | -41 | -11 | -21 |
| 2017-10 | -25 | -39 | -16 | -21 |
| 2017-11 | -18 | -38 | -10 | -19 |
| 2017-12 | -12 | -30 | -8 | -16 |
| 2018-01 | -18 | -30 | -12 | -16 |
| 2018-02 | -24 | -35 | -18 | -23 |
| 2018-03 | -22 | -40 | -11 | -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 | -18 | -30 |
| 2018-10 | -33 | -52 | -16 | -29 |
| 2018-11 | -44 | -57 | -18 | -28 |
| 2018-12 | -37 | -65 | -20 | -32 |
| 2019-01 | -30 | -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 | -41 | -5 | -20 |
| 2019-08 | -25 | -43 | -5 | -18 |
| 2019-09 | -24 | -39 | -3 | -17 |
| 2019-10 | -26 | -37 | -5 | -17 |
| 2019-11 | -21 | -34 | -2 | -17 |
| 2019-12 | -28 | -38 | -5 | -19 |
| 2020-01 | -28 | -38 | -3 | -16 |
| 2020-02 | -25 | -37 | -5 | -14 |
| 2020-03 | -34 | -33 | -7 | -13 |
| 2020-04 | -68 | -33 | -21 | -7 |
| 2020-05 | -70 | -49 | -19 | -10 |
| 2020-06 | -55 | -58 | -8 | -13 |
| 2020-07 | -54 | -65 | -9 | -15 |
| 2020-08 | -54 | -64 | -9 | -14 |
| 2020-09 | -46 | -66 | -4 | -15 |
| 2020-10 | -56 | -66 | -9 | -15 |
| 2020-11 | -65 | -69 | -14 | -15 |
graphiqueBalances on personal financial situation and standard of living in France
- Source: INSEE
tableauCONSUMER OPINION: synthetic index and opinion balances
| Avg. (1) | August 20 | Sept 20 | Oct 20 | Nov 20 | |
|---|---|---|---|---|---|
| Synthetic index (2) | 100 | 94 | 95 | 94 | 90 |
| Financial sit., past 12 m. | -21 | -14 | -15 | -15 | -15 |
| Financial sit., next 12 m. | -6 | -9 | -4 | -9 | -14 |
| Current saving capacity | 9 | 23 | 23 | 25 | 22 |
| Expected saving capacity | -9 | 5 | 7 | 6 | 6 |
| Savings intentions, next 12 m. | 17 | 26 | 35 | 32 | 35 |
| Major purchases intentions, next 12 m. | -14 | -20 | -19 | -19 | -27 |
| Standard of living, past 12 m. | -45 | -64 | -66 | -66 | -69 |
| Standard of living, next 12 m. | -25 | -54 | -46 | -56 | -65 |
| Unemployment, next 12 m. | 33 | 71 | 71 | 74 | 78 |
| Consumer prices, past 12 m. | -17 | -19 | -30 | -37 | -40 |
| Consumer prices, next 12 m. | -33 | -25 | -31 | -31 | -23 |
- (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 decline
In November, the share of households considering that the standard of living in France will improve in the next twelve months has decreased sharply again: the corresponding balance has lost nine points and remains well below its long-term average.
The share of households considering that the standard of living in France has improved during the past twelve months has decreased too. The corresponding balance has lost three points and is well below its long-term average.
Unemployment: fears rising again
Households' fears about the unemployment trend have grown in November. The corresponding balance has gained four points. It hits its highest level since 2013, and 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 | 38 |
| 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 | 43 |
| 2015-04 | 61 |
| 2015-05 | 60 |
| 2015-06 | 61 |
| 2015-07 | 58 |
| 2015-08 | 51 |
| 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 | 23 |
| 2016-06 | 26 |
| 2016-07 | 28 |
| 2016-08 | 34 |
| 2016-09 | 29 |
| 2016-10 | 30 |
| 2016-11 | 28 |
| 2016-12 | 19 |
| 2017-01 | 18 |
| 2017-02 | 21 |
| 2017-03 | 20 |
| 2017-04 | 16 |
| 2017-05 | 19 |
| 2017-06 | 5 |
| 2017-07 | 9 |
| 2017-08 | 0 |
| 2017-09 | 16 |
| 2017-10 | 12 |
| 2017-11 | 5 |
| 2017-12 | 6 |
| 2018-01 | 1 |
| 2018-02 | 7 |
| 2018-03 | 4 |
| 2018-04 | 5 |
| 2018-05 | 0 |
| 2018-06 | 14 |
| 2018-07 | 13 |
| 2018-08 | 25 |
| 2018-09 | 23 |
| 2018-10 | 7 |
| 2018-11 | 30 |
| 2018-12 | 30 |
| 2019-01 | 33 |
| 2019-02 | 15 |
| 2019-03 | 20 |
| 2019-04 | 27 |
| 2019-05 | 10 |
| 2019-06 | 10 |
| 2019-07 | 10 |
| 2019-08 | 8 |
| 2019-09 | 3 |
| 2019-10 | 4 |
| 2019-11 | 2 |
| 2019-12 | 9 |
| 2020-01 | 10 |
| 2020-02 | -4 |
| 2020-03 | 17 |
| 2020-04 | 61 |
| 2020-05 | 75 |
| 2020-06 | 77 |
| 2020-07 | 76 |
| 2020-08 | 71 |
| 2020-09 | 71 |
| 2020-10 | 74 |
| 2020-11 | 78 |
graphiqueHouseholds' unemployment expectations
- Source: INSEE
Perceived inflation: increase
In November, households considering that prices will be on the rise during the next twelve months have been much more numerous than the previous month: the corresponding balance has gained eight points and thus moves away from its long-term average.
Conversely, households considering that prices were on the rise during the past twelve months have continued to decrease. The corresponding balance has lost three points and moves away from 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 | -34 |
| 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 | -26 |
| 2017-04 | -50 | -28 |
| 2017-05 | -56 | -35 |
| 2017-06 | -56 | -41 |
| 2017-07 | -54 | -31 |
| 2017-08 | -54 | -31 |
| 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 | -24 |
| 2018-04 | -39 | -27 |
| 2018-05 | -31 | -20 |
| 2018-06 | -27 | -21 |
| 2018-07 | -26 | -20 |
| 2018-08 | -26 | -21 |
| 2018-09 | -16 | -14 |
| 2018-10 | -14 | -13 |
| 2018-11 | -10 | -13 |
| 2018-12 | -8 | -22 |
| 2019-01 | -31 | -41 |
| 2019-02 | -27 | -19 |
| 2019-03 | -17 | -24 |
| 2019-04 | -18 | -23 |
| 2019-05 | -21 | -24 |
| 2019-06 | -20 | -23 |
| 2019-07 | -27 | -23 |
| 2019-08 | -28 | -20 |
| 2019-09 | -30 | -22 |
| 2019-10 | -26 | -19 |
| 2019-11 | -31 | -24 |
| 2019-12 | -33 | -22 |
| 2020-01 | -34 | -25 |
| 2020-02 | -34 | -26 |
| 2020-03 | -38 | -14 |
| 2020-04 | -50 | 12 |
| 2020-05 | -30 | 3 |
| 2020-06 | -31 | -14 |
| 2020-07 | -29 | -21 |
| 2020-08 | -19 | -25 |
| 2020-09 | -30 | -31 |
| 2020-10 | -37 | -31 |
| 2020-11 | -40 | -23 |
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 October 28, 2020 and November 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: January 6, 2021 at 8:45 am
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