According to the report from Insee, in July 2021, households’ confidence in the economic situation has decreased a little. At 101, the indicator that summaries it has lost two points but remains above its long-term average (100). Economists had expected a decrease to 101.
In July, the share of households considering it is a suitable time to make major purchases has decreased markedly, after a sharp increase in June. The corresponding balance has lost five points but remains above its long term average.
The households’ opinion balance related to their future financial situation has decreased by three points. The one relative to their personal past financial situation has lost one point. Both balances stay well above their long-term averages.
In July, the share of households considering it is a suitable time to save has fallen for the third consecutive month. The corresponding balance has lost four points but remains well above its average.
In the same way, households’ opinion balance related to their current saving capacity has decreased by three points. The one relative to their future saving capacity has lost two points. Both balances stay well above their long-term averages.
Households' fears about unemployment trend have increased a little in July after a series of declines in the first half of the year. The corresponding balance has gained three points but remains below its long-term average.
© 2000-2021. All rights reserved.
This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at firstname.lastname@example.org.