Household savings: Pessimistic perceptions in Q4-2022

Households in the fourth quarter of 2022 were pessimistic about their ability to save over the next 12 months, according to the Haut-Commissariat au Plan (HCP).

“In the fourth quarter of 2022, 11.1% against 88.9% of households expect to save over the next 12 months”, specifies the HCP which has just published an information note relating to the results of the survey. permanent economic situation with households.

The balance of opinion relating to this indicator remained negative, at -77.8 points instead of -78 points in the previous quarter and -69.5 points in the same quarter of last year, the same source said.

The HCP also indicates that all households (98.9%) report that food prices have increased over the past 12 months. The balance of opinion thus remained negative, at -98.8 points, after being -99.1 points a quarter earlier and -95.9 points a year earlier.

As for the outlook for their development over the next 12 months, food prices should continue to rise according to 76.8% of households against only 5% who expect them to fall.

The balance of opinion thus remained negative, standing at -71.8 points, instead of -73.6 points recorded a quarter earlier and -76.3 points a year earlier.

The results of the said survey show that in Q4-2022, household morale continues its downward trend to reach its lowest level since the start of the survey in 2008.

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