The morale of French households is still improving
French households have become even more confidence. Their morale even accelerates its rise in November according to latest figures from INSEE. And despite the very poor unemployment figures in France, published Thursday by the Ministry of Economy.
The indicator that summarizes this view and goes back to 4 points from October. The indicator leaves the historically low levels where it had fallen since late 2007 to return to the previous values of the floor last fifteen years in the hollow of 1995-1996 and 2005.
The views of households on the economic situation, which had hit a historic low in the summer of 2008 to -48 points, had subsequently begun a slow recovery phase and marked by a few shots off.In November, with this "improvement", he moved to -30 points, says the National Institute of Statistics.
Statistics rather encouraging in a few weeks of Christmas and New year period during which the French consume far. While Americans seem less inclined to spend than other years – the shopping season starts this Friday – French households also felt more appropriate to make major purchases, such as winning 5 points in a month.
The fear facing a future increase in unemployment continues to recede, but much more slowly than in recent months.
As for inflation, households continue as they have for more than six months, thinking that prices should increase only slightly in the coming months.