France consumer confidence improved in February

According to the report from Insee. in February 2019, households’ confidence in the economic situation increased again.The synthetic index has gained 3 points and reached 95. It remains however below its long term average (100).

Households’ opinion balance on their past personal situation has risen again: it has gained 4 points but still remains below its long term average. Households’ opinion balance on their saving capacity has improved again. The expected saving capacity balance has gained 4 points, while the one about their current saving capacity has gained 2. These two balances now stand above their long term average. The share of households considering it is a suitable time to save has also increased: the corresponding balance has gained 3 points, remaining however well below its long term average.

In February, the share of households considering that the past standard of living in France has increased during the past twelve months has risen again: the corresponding balance has gained 6 points, although remaining below its long term average. Households’ opinion balance about the future standard of living in France has also increased although to a lesser extent (+2 points after gaining 10 points in January). It remains below its long term average too.