Household morale in France rebounded slightly in March, after two months of decline, illustrating in particular a more positive perception of their future financial situation, according to data released by INSEE on Tuesday.
The indicator which reflects household confidence in the economic situation thus gained 3 points in March, to 94 points, against 91 points in February, remaining however below its long-term average of 100.
Thus, the indicator which illustrates the opinion of households on their future financial situation increases by 4 points, going above its long-term average.
And the proportion of those who believe it is appropriate to make major purchases is increasing, even it remains below its average.
But at the same time, the share of households who consider it appropriate to save continues to increase, reaching "a new all-time high", according to INSEE.
Households' perception of the overall economic situation in France also cleared up in March.
The proportion of households who consider that the standard of living will improve in France over the next twelve months is rebounding strongly.
And their fears about the evolution of unemployment are falling this month, even if they remain well above its long-term average.
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