French consumer confidence fell slightly in August

According to the report from Insee, in August 2021, households’ confidence in the economic situation has fallen slightly. At 99, the indicator that summaries it has lost one point and is back below its long-term average (100).

In August, the households’ opinion balance related to their future financial situation has decreased by two points. The one relative to their personal past financial situation has lost one point. Both balances remain well above their long-term averages.

The share of households considering it is a suitable time to make major purchases has been stable, above its long term average.

In August, the share of households considering it is a suitable time to save has increased anew, after three consecutive months of decline. The corresponding balance has gained three points, and remains well above its average.

Households' fears about unemployment trend have been stable in August. The corresponding balance remains below its long-term average.

In August, households considering that prices were on the rise during the past twelve months have increased slightly. The corresponding balance has gained two points and is now above its average, which was crossed in July after a sharp rise.

Households considering that prices will be on the rise during the next twelve months have also been slightly more numerous in August. The corresponding balance has gained two points, and remains above its long-term average.