Household confidence index: Between stability and deterioration

Household confidence index: Between stability and deterioration
Household confidence index: Between stability and deterioration

 

The  results of the permanent household survey conducted by the HCP show, overall, that household confidence experienced stability in the fourth quarter of 2020 compared to the previous quarter and a deterioration compared to the same quarter of the previous year.

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AIn the fourth quarter of 2020, the household confidence index (MCI) thus stood at 61.2 points instead of 60.6 points the previous quarter and 77.8 points the same quarter of the previous year .

Households experience a sharp deterioration in living standards. In the fourth quarter of 2020, 59.8% of households report a deterioration in the standard of living over the last 12 months, 27% a maintenance at the same level and 13.2% an improvement.

 

The  balance of opinion on the past evolution of living standards remained negative, at minus 46.6 points, against minus 35.6 points in the previous quarter and minus 20 points in the same quarter of last year.

Over the next 12 months, 41.7% of households expect a deterioration in living standards, 34% to maintain it at the same level and 24.3% to improve. Thus, with minus 17.4 points, the balance of opinion relating to this indicator remained the same compared to the previous quarter, whereas it deteriorated compared to the same quarter of the previous year (minus 2, 2 points).

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https://laquotidienne.ma/article/actualites-economiques/indice-de-confiance-des-menages-entre-stabilite-et-degradation

#Household #confidence #index #stability #deterioration

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