According to the report from the Insee, in October 2020, households’ confidence in the economic situation has declined slightly: the synthetic index has lost one point compared to September. At 94, it returns to its July and August level and remains below its long-term average (100).

In October, households have been less optimistic concerning their future financial situation: the corresponding balance has lost three points and is back below its long-term average. On the other hand, households' balance of opinions about their past financial situation has been stable and stays above its long-term average.

Furthermore, the share of households considering it is a suitable time to make major purchases has been stable. The corresponding balance remains below its long-term average.

In October, the share of households considering it is a suitable time to save has declined. The corresponding balance has lost two points, but remains well above its long-term average. However, households' balance of opinion on their current saving capacity has gained one point and stays well above its average.