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In June 2016, household consumption expenditure on goods decreased: -0.8% in volume*, as in May. Consumption of food products, as well as expenses on textile-clothing and on durables, increased yet this rise does not offset the fall in energy consumption. Over the second quarter, household consumption of goods was stable (after 1.5%): expenses on food products declined whereas expenditure on gas and electricity remained brisk.
In June, consumption of energy tumbled significantly (-6.3% after -0.8%); it is its highest drop since June 2013. It comes from the sharp downturn in consumption of refined products (-14.3%) following the substantial rise in May (+8.0%), which was spurred by precautionary purchases during the social movements. However, expenditure on gas and electricity grew slightly after a marked decrease in May (+0.1% after -6.9%). Over the quarter, consumption of energy rose again markedly (+1.4% after +1.7%), in particular expenses on heating, which were driven by the relative coolness during the spring.
In June, purchases of engineered goods picked up slightly (+0.3% after -1.7%) as a result of a moderate rebound in durables consumption and of the increase in expenses on textile-clothing. However, purchases of engineered goods decelerated significantly over the quarter (0.0% after +2.3%).
In June, expenses on textile-clothing continued to grow (+0.7% after +2.0%), notably with a marked rebound in expenses on textile and leather. They fall back over the second quarter (-0.6% after +1.6%).
* Volumes are chained and all figures are trading days and seasonally adjusted.
Total consumption of goods
Food and engineered goods
In June, consumption of durables bounced back moderately (+0.4% after -4.2%). Expenditure on household durables started climbing anew after a substantial downturn in May (+2.8% after -10.9%), bolstered notably by furniture purchases. Conversely, car purchases dipped for the third consecutive month (-1.2%). Over the quarter, consumption of durables kept increasing but decelerated (+0.5% after +3.6%), dampened by expenses on household durables (+2.8% after +7.9%) and car purchases (-0.9% after +1.8%).
In June, household expenditure on other engineered goods fell back slightly (-0.3% after +0.2%), mainly owing to the decline in purchases of perfumes. Over the quarter, expenditure on other engineered goods fell back likewise (-0.4% after +0.6%).
Consumption of food products went up again in June (+0.5% after +0.4%). Expenditure on agricultural goods increased significantly, whereas tobacco consumption declined. Over the quarter, food consumption fell back (-0.7% after +0.4%).
The variation of household expenditure on goods in May 2016 has been revised downwards by 0.1 point: it now stands at -0.8%, instead of -0.7%. Since the previous publication, new information has been integrated, particularly concerning household durables, and the seasonal adjustment coefficients have been updated.
Breakdown of engineered goods
|Variation in percentages|
|(1) Weighting in the consumption expenditure on goods in value|
|Weight (1)||Apr. 2016||May 2016||June 2016||June 16 / June 15||Q2 2016 /Q1 2016|
|- Inc. Durables||22||1.1||–4.2||0.4||4.5||0.5|
|- Household durables||7||4.8||–10.9||2.8||14.9||2.8|
|- Inc. Textile-clothing||9||–0.4||2.0||0.7||0.3||–0.6|
|- Inc. Other engineered goods||13||–0.4||0.2||–0.3||0.0||–0.4|
|- Inc. Energy, water, waste||10||3.8||–6.9||0.1||2.0||2.9|
|- Inc. Refined Products||8||–2.5||8.0||–14.3||–7.9||–0.6|
|- Inc. Manufactured goods||84||–0.5||0.1||–1.2||0.6||–0.2|
n° 201 - July 29, 2016
Household consumption expenditure on goods - June 2016
Next issue August 31, 2016 08:45 - July 2016
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