French consumer confidence indicator stabilized in April

According to the report from Insee, in April 2021, households’ confidence in the economic situation has been stable: the synthetic index remains at 94, below its long-term average (100).

In April, the households’ opinion balance related to their future financial situation has lost four points and fell back below its long-term average. In contrast, the opinion balance related to their personal past financial situation has increased slightly. It has gained one point and remains above its average.

The share of households considering it is a suitable time to make major purchases has increased. The corresponding balance has gained two points compared to the previous month and exceeds its long-term average.

In April, the share of households considering it is a suitable time to save has increased again. The corresponding balance gains two points in April and reach a new historical high.

Households’ opinion balance related to their future saving capacity has also gained two points. Households’ opinion balance related to their current saving capacity has been stable, clearly above its average.

Households' fears about the unemployment trend have been almost stable in April, at a high level. The corresponding balance has lost one point but remains well above its average.

In April, households considering that prices will be on the rise during the next twelve months have been a bit more numerous than in March. The corresponding balance has gained two points, and remains above its long-term average.