French morale improves slowly
The French are less pessimistic. According to the INSEE survey, consumer sentiment improved in September to -35 points. The index continued its slow recovery and has gained 4 points since June, but remains below its long-term. This new publication falls one day after a sawtooth consumption during the summer in France.
In detail, the French are more confident in the improvement of living standards in general (+2 points) on the evolution of their personal financial situation (+1 point). They are also more likely to agree that it is the right time to make major purchases (+4 points) paydayloans.
Fears of unemployment continue to dissipate. "After being kept at a very high level since October 2009, the balance of opinion has dropped 24 points in two months," recalls the INSEE, which provides that the balance of opinion remains above its average long term.
While households believe that inflation increases (+4 points), they are more likely to judge it appropriate to save (+4 points). "Households feel that their ability to save in the months ahead improved (2 points compared to July), also states INSEE.