{"id":42112,"date":"2025-02-19T10:06:08","date_gmt":"2025-02-19T09:06:08","guid":{"rendered":"https:\/\/personal-finance.bnpparibas\/consumption-in-europe-pleasure-stronger-than-crises\/"},"modified":"2025-02-19T12:30:46","modified_gmt":"2025-02-19T11:30:46","slug":"obs-conso-25-english-version","status":"publish","type":"post","link":"https:\/\/personal-finance.bnpparibas\/en\/obs-conso-25-english-version\/","title":{"rendered":"Consumption in Europe: pleasure stronger than crises"},"content":{"rendered":"<div class=\"container\">\n<p class=\"has-medium-font-size\"><strong>Last year, the Observatoire Cetelem Conso looked at the morale of Europeans, in a context where inflation dominated concerns.\u200b <\/strong><br><strong>A year later, the focus is on something unexpected: pleasure. Despite a difficult budgetary and economic environment, this pleasure remains the main factor in the purchasing decision, bringing to the consumer a satisfaction that goes far beyond the mere material aspect.\u200b <\/strong> <br><br><strong>Conducted with Harris Interactive, this 10-country study of more than 10,000 people reveals a striking paradox: despite economic uncertainties, consumption is resilient, driven by a powerful and unexpected engine: pleasure. <\/strong><\/p>\n<\/div>\n\n<div class=\"container\">\n<p>The full study <a href=\"https:\/\/observatoirecetelem.com\/en\/consumption-in-europe-the-quest-for-enjoyment-holds-firm\" target=\"_blank\" rel=\"noreferrer noopener\">here.<\/a><\/p>\n<\/div>\n\n<div class=\"container\">\n<h2 class=\"wp-block-heading\">The key points of the study in video<\/h2>\n<\/div>\n\n<div class=\"container\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"iframe-wrapper\"><iframe title=\"Vid\u00e9o Youtube - Observatoire Cetelem Conso 2025\" src=\"https:\/\/www.youtube.com\/embed\/LyllCHX-EIc?feature=oembed\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n<\/div>\n\n<div class=\"container\">\n<h2 class=\"wp-block-heading\">A rollercoaster morale, but strong consumption intentions<\/h2>\n<\/div>\n\n<div class=\"container\">\n<p>The first lesson of this study is that <strong>European household morale continues to recover after the shocks of recent years.<\/strong> Consumer intentions remain at a good level, suggesting a positive dynamic for 2025. However, in France, optimism is waning, probably because of recent political uncertainties.\u200b  <\/p>\n<\/div>\n\n<div class=\"container\">\n<p>In this context, consumer intentions remain strong, but prudence dominates: <strong>the savings rate remains high<\/strong>, well above pre-crisis levels. In France, it reached 18%, reflecting a desire for financial security in the face of an uncertain future. <\/p>\n<\/div>\n\n<div class=\"container\">\n<h2 class=\"wp-block-heading\">Consumption through the lens of ecology <\/h2>\n<\/div>\n\n<div class=\"container\">\n<p>Europeans <strong>are increasingly critical of consumption:<\/strong> hyperconsumption, waste, overabundance, choice\u2026 <\/p>\n<\/div>\n\n<div class=\"container\">\n<p>Yet there is a striking difference in individual perception: <\/p>\n<\/div>\n\n<div class=\"container\">\n<ul class=\"wp-block-list\"><div class=\"container\">\n<li>73% of Europeans think society consumes too much <\/li>\n<\/div>\n\n<div class=\"container\">\n<li>Only 38% think they are themselves in this dynamic <\/li>\n<\/div><\/ul>\n<\/div>\n\n<div class=\"container\">\n<p>Everyone sees himself as a more responsible consumer than the average, shifting responsibility for the problem to others. <\/p>\n<\/div>\n\n<div class=\"container\">\n<h2 class=\"wp-block-heading\">Pleasure, the key driver of purchases <\/h2>\n<\/div>\n\n<div class=\"container\">\n<p>Despite its concerns, consumption resists with an essential motivation: <strong>pleasure<\/strong>. <\/p>\n<\/div>\n\n<div class=\"container\">\n<p>When asked about the reasons for their purchases, Europeans said: <\/p>\n<\/div>\n\n<div class=\"container\">\n<ol class=\"wp-block-list\"><div class=\"container\">\n<li>Pleasure (73%) <\/li>\n<\/div>\n\n<div class=\"container\">\n<li>Comfort and well-being <\/li>\n<\/div>\n\n<div class=\"container\">\n<li>Economic considerations <\/li>\n<\/div><\/ol>\n<\/div>\n\n<div class=\"container\">\n<p>For several years, the Observatoire Cetelem has observed a change in purchasing behaviour: less accumulation, more services and a search for more meaning in consumption. This trend seems to be strengthening for 2025 and beyond.\u200b  <\/p>\n<\/div>\n\n<div class=\"container\">\n<p>One thing is certain: while consumption is changing, it has not said its last word. <\/p>\n<\/div>\n\n<div class=\"container\">\n<p>To find out about the full study visit <a href=\"https:\/\/observatoirecetelem.com\/en\/consumption-in-europe-the-quest-for-enjoyment-holds-firm\" target=\"_blank\" rel=\"noreferrer noopener\">the Observatoire Cetelem website<\/a>.<\/p>\n<\/div>\n\n\n<div class=\"container\">\n\n    <div class=\"my-3 text-center\">\n\n        <a id=\"block_d755f1aeddf2cefd8bc8daed918643cb\" href=\"https:\/\/observatoirecetelem.com\/en\/consumption-in-europe-the-quest-for-enjoyment-holds-firm\" target=\"_blank\"  class=\"btn btn-border\">\n            DISCOVER THE FULL STUDY\n                            <i class=\"fa fa-chevron-right\"><\/i>\n                    <\/a>\n\n    <\/div>\n\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Last year, the Observatoire Cetelem Conso looked at the morale of Europeans, in a context where inflation dominated concerns.\u200b A year later, the focus is on something unexpected: pleasure. Despite a difficult budgetary and economic environment, this pleasure remains the main factor in the purchasing decision, bringing to the consumer a satisfaction that goes far [&hellip;]<\/p>\n","protected":false},"author":1945,"featured_media":42119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[457],"tags":[],"class_list":["post-42112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumption"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Consumption in Europe: pleasure stronger than crises<\/title>\n<meta name=\"description\" content=\"This year, the Observatoire Cetelem Conso is looking at something unexpected: pleasure.Discover how consumption has changed since 2024.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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