France: households’ confidence has stabilized in April 2019

According to the report from Insee, in April 2019, households’ confidence in the economic situation has been stable: the synthetic index has remained steady at 96. It stands however below its long term average (100).

In April, households’ opinion balance on their future personal situation continued to recover: it has gained 2 points but still remains below its long term average. Households’ opinion balance regarding their past financial situation has been virtually stable and also remains below its long term average. The share of households considering it is a suitable time to make major purchases has increased again. The corresponding balance has gained 3 points and almost returns to its long term average.

In April, the share of households considering it is a suitable time to save has increased sharply. The corresponding balance has gained 11 points and gets closer to its long term average.

However, households’ opinion balance on their saving capacity has declined. The excepted saving capacity balance has decreased clearly: it has lost 4 points therefore equalizing its long term average. The current saving capacity balance also decreased: it has lost 2 points and almost reaches its long term average.