France households’ confidence has been stable In August

According to the report from Insee, in August 2020, households’ confidence in the economic situation has been stable: the synthetic index remains at 94, below its long-term average (100).

In August, the share of households considering it is a suitable time to make major purchases has decreased. The corresponding balance has lost 4 points compared to the previous month, and remains below its long-term average.

Households' opinion balance on their past financial situation has gained 1 point. It remains above its long-term average. The balance related to their future financial situation has been stable, and stays slightly below its long-term average.

In August, households’ opinion balance related to their expected saving capacity has decreased. It has lost 4 points but remains well above its long-term average. Similarly, households' balance of opinion on their current saving capacity has decreased by 2 points but remains 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 1 point and stands well above its long-term average.

In August, the share of households considering that the standard of living in France has improved during the past twelve months has increased slightly. The corresponding balance has gained 2 points but remains far below its long-term average.

Households’ opinion balance about the future standard of living in France has been stable and remains well below its long-term average.

Households' fears about the unemployment trend have fallen in August, but remain at a high level. The corresponding balance has lost 6 points, but remains well above its average.