According to the report from National Institute of Statistics and Economic Studies (Insee), in May 2019, households’ confidence in the economic situation has clearly increased : the synthetic index has gained 3 points. At 99, it almost returns to its long term average (100). Economists had expected an increase to 97.

In May, households’ opinion balance on their future personal situation continued to improve: it has gained 3 points and now stands above its long term average. Households’ opinion balance regarding their past financial situation has improved as well: it has gained 2 points but remains below its long term average.

The share of households considering it is a suitable time to make major purchases has increased again. The corresponding balance has gained 2 points and now stands above its long term average.

In May, households’ opinion balance on their saving capacity has improved slightly. Indeed, the expected saving capacity balance has gained 2 points while the current one has gained 1 point. Both balances now stand above their long term average.

The share of households considering it is a suitable time to save has been virtually stable and remains below its long term average.