In September, household consumption expenditure on goods decreased: 0.8% in volume*, after +0.9% in August. This step back was mainly attributable to the marked drop in consumption of textile, clothing and leather (7.2% in september). Yet it grew over the quarter (+0.2%) mainly as a result from a rise in consumption of energy products and durable goods.
Household expenditure on durable goods stepped back in September (0.4%), after a growth in August (+0.6%). Expenditure on household durables dropped distinctly this past month (3.1%), after two consecutive months of increase. Car purchases went up again (+0.9% after +0.3%), after a decrease in July (1.7%).
Over the quarter, expenditure on durable goods decelerated (+0.4% after +1.0% in Q2). This change was mainly attributable to car purchases, which went down 0.9% in Q3. Conversely, expenditure on household durables picked up again in Q3 (+2.1% after +2.5% in Q2).
Consumption of textile, clothing and leather dropped markedly (7.2% after +1.0%). It has been the largest decrease since May 2012. The downturn over Q3 was nonetheless less marked (0.3%).
[* 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 edged down slightly in September (0.3%, after +0.8%). It remained almost stable over the quarter (+0.1%).
In September, consumption of food products increased again but slowed down (+0.4% after +0.9% in August). As a whole, it eased back in Q3 (0.3%, after +0.9% in Q2).
After recovering in August (+1.2%), household consumption of energy products dipped in September (0.6%), the heat consumption falling notably because of above average temperatures.
Over the quarter, consumption of energy products decelerated (+1.2% after +2.2% in Q2).
Household consumption of goods is now estimated at +0.9% in August, instead of +0.7% estimated for the previous publication. Conversely, the estimation in May is scaled down by 0.5 points, at +0.1%.
This revision is mainly due to the updating of the seasonal adjustment coefficients, as well as the integration of new information on the indicators commonly used, mainly on household durables and car equipment.
|In chained billion euros|
|- of which automobiles||4.596||4.612||4.655|
|- of which household durables||4.032||4.097||3.972|
|Other engineered goods||5.933||5.982||5.966|
|- including petroleum products||4.345||4.441||4.398|
n° 252 - October 31, 2014
Household consumption expenditure on goods - September 2014
Next issue November 28, 2014 08:45 - October 2014
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