French households’ confidence is back above its long-term average in June

According to the report from Insee, in June 2021, households’ confidence in the economic situation has increased significantly. At 102, the indicator that summaries it has gained four points and is back above its long-term average (100), for the first time since the start of the health crisis.

In June, the share of households considering it is a suitable time to make major purchases has increased significantly: the corresponding balance has gained ten points and reach its highest level since February 2018.

The households’ opinion balance related to their future financial situation has gained six points, and is set at its highest level since June 2007. The opinion balance related to their personal past financial situation has risen by two points. Both balances are well above their long-term averages.

In June, households’ opinion balance related to their current saving capacity has fallen by one point but is still well above its average. Households’ opinion balance related to their future saving capacity has risen by two points, reaching a new historical high.

On the contrary, the share of households considering it is a suitable time to save has fallen. The corresponding balance has lost four points but remains well above its average.

Households' fears about unemployment trend have fallen sharply in June. The corresponding balance has fallen by nineteen points to below its long-term average, to its lowest level since the start of the health crisis.