Is the trend gradually reversing? After seven consecutive months of decline, household morale in France recovered slightly in August. At 82 points, the indicator that synthesizes it has gained two points compared to July, INSEE reported this Friday.
However, it remains well below its long-term average of 100, adds the National Institute of Statistics in a press release.
The French are more likely to believe that the standard of living has improved in France over the last twelve months and will continue to do so over the next twelve months. In addition, the fears of households about the evolution of unemployment are slightly diminishing.
Capacity savings and price increase
The view of the French on their past personal financial situation again loses one point, but the perspective of the future evolution of this situation gains three.
The balance of opinion of households about their current savings capacity has also lost one point, but that of the possibility of saving money in the future rises two points.
Finally, the proportion of households that consider that prices have risen in the last 12 months remains stable, at its highest level since the summer of 2008.
But the proportion of those who believe prices will accelerate in the next 12 months is falling again, more sharply than in July. However, this participation remains well above its long-term average, details the INSEE, while the increase in consumer prices reached 6.1% per year in July.
Source: BFM TV
