In June 2015, household consumption expenditure on goods accelerated: +0.4% in volume*, after +0.1% in May. This acceleration was mainly attributable to the dynamism of food consumption (+0.6% in June after +0.0% in May). However, over the second quarter, household expenditure on goods was almost stable (–0.1%) after a wide increase over the first quarter (+1.5%) : the decline in consumption of energy (–2.2%) offset the dynamism of food consumption (+0.8%).
Household expenditure on durable goods decelerated slightly in June (+0.4% after +0.7% in May). Expenditure on household durables went up (+0.4%), after two sluggish months, and car purchases accelerated slightly (+0.7% after +0.5% in May). By contrast, purchases of other durables declined markedly (–0.7% after +2.9%), notably in watch/jewellery.
Over the second quarter 2015, expenditure on durable goods slowed down (+1.0% after +1.9%), notably expenditure on household durables (–0.1% after +1.6%). Car purchases remained dynamic (+2.0% after +2.3%).
Consumption of textile, clothing and leather increased in June (+0.4% after –0.1%). However, purchases stepped back over the whole second quarter (–2.0% after +1.6%).
[* Volumes are chained and all figures are trading days and seasonally adjusted.]
Total consumption of goods
Food and engineered goods
Breakdown of engineered goods
Consumption expenditure on other engineered goods increased slightly in June (+0.2%, after –0.1%), especially in hardware. They were almost flat over the second quarter (–0.1% after +1.4%).
In June, consumption of food products bounced back (+0.6% after being stable in May). Over the second quarter, it accelerated (+0.8% after +0.2% over the previous quarter).
In June, household consumption of energy products was virtually stable (–0.1%).
Over the second quarter, consumption of energy products stepped back (–2.2% after +3.7%), mainly in gas and electricity.
Since the previous publication, new information has been integrated, and the seasonal adjustment coefficients were updated. However, the variation of households’ consumption of goods remains unchanged in May (+0.1%).
|In chained billion euros|
|- of which automobiles||4.763||4.788||4.822|
|- of which household durables||4.098||4.097||4.112|
|Other engineered goods||6.102||6.097||6.110|
|- including petroleum products||4.329||4.298||4.286|
n° 186 - July 31, 2015
Household consumption expenditure on goods - June 2015
Next issue September 30, 2015 08:45 - July 2015
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