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In May 2014, household consumption of goods recovered (+1.0% after -0.2%)

In May, household consumption expenditure on goods increased by 1.0% in volume*, after a 0.2% decrease in April. This increase resulted mainly from the upturn in expenditure on energy products.

Engineered goods : almost stable

Durables: decreasing

Household expenditure on durable goods decreased slightly in May (-0.4% after +0.7%), a decrease mainly attributable to the decline in car purchases (-2.9% after +0.7% in April). However, purchases of household durables speeded up (+3.1% after +0.7%), notably in consumer electronics.

Textile-leather: increasing

Household consumption of textile, clothing and leather increased anew (+1.6%), after three consecutive months of decrease.

Other engineered goods: stabilization

In May, consumption expenditure on other engineered goods were almost stable (+0.1%) after a drop in April ( -0.4%), especially in expenditure on hardware.

* Volumes are chained and all figures are trading days and seasonally adjusted.

Total consumption of goods

Total consumption of goods

Food and engineered goods

Food and engineered goods

Breakdown of engineered goods

Breakdown of engineered goods

Food products: decreasing anew

Consumption of food products decreased in May (-1.1%), after two months of rise (+0.4% in March and +1.2% in April).

Energy: marked upturn

In May, household consumption of energy products bounced distinctly (+8.0%) after a downturn in April (-3.3%) and in Q1. With a return to average temperatures in May, expenditure for heating purposes increased, whereas they had dropped at the beginning of the year thanks to mild temperatures during winter and the beginning of spring.

The downward trend in April is scaled up by 0.1 points

Household consumption expenditure on goods is now estimated at -0.2% in April, instead of -0.3% estimated for the previous publication.

This revision resulted mainly from the reestimation of seasonal adjustment models, as well as from the integration of new information on the indicators commonly used, notably in equipment goods.

Household consumption expenditure on goods
In chained billion euros
March April May May2014/
2014 2014 2014 May2013
Food products 15.733 15.920 15.751
Change (%) 0.4 1.2 –1.1 –0.5
Engineered goods 19.773 19.744 19.731
Change (%) –0.1 –0.1 –0.1 1.9
Durables 9.796 9.860 9.817
Change (%) 0.3 0.7 –0.4 2.5
Of which Automobiles 4.697 4.728 4.592
Change (%) 0.3 0.7 –2.9 –0.8
Of which Household durables 3.861 3.888 4.009
Change (%) 1.0 0.7 3.1 8.3
Textile-leather 3.982 3.917 3.940
Change (%) –1.7 –1.6 0.6 2.9
Other engineered goods 5.997 5.972 5.979
Change (%) 0.2 –0.4 0.1 0.3
Energy 6.946 6.716 7.253
Change (%) 2.8 –3.3 8.0 –5.9
Including petroleum products 4.332 4.192 4.461
Change (%) 4.6 –3.2 6.4 –6.2
Total 42.436 42.341 42.755
Change (%) 0.6 –0.2 1.0 –0.6
Manufactured goods 36.430 36.456 36.301
Change (%) 0.7 0.1 –0.4 –0.3

Energy

Energy

Informations Rapides

n° 149 - June 27, 2014

Household consumption expenditure on goods - May 2014

Next issue July 31, 2014 08:45 - June 2014

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