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Households consumption of goods in August was at its level of June (-0.7% in July then +0.7% in August)

In August 2014, households expenditure on goods increased by 0.7% in volume*, after a 0.7% decrease in July. The decline of consumption of food products mainly contributed to the overall decrease in July. The raise in August was mainly attributable to a rebound in the consumption of food products, energy products and “other engineered goods”.

Engineered goods : slightly increasing

Durables: slightly increasing

After a clear rise in June (+0.6%), households expenditure on durable goods more slightly increased in July and August (+0.1%). The slowdown in July mainly arised from the downturn in car purchases (-1.8 % after +2.2 % in June), partially offset by the upturn in spending on housing equipment (+2.4 % after +1.5 %). In August, car consumption was almost stable (+0.1 %) while spending on housing equipment decelerated (+0.5 %).

Textile-leather: August at June level

After a rise in June (+2.9%), households consumption of textile and leather weakened in July (–0.3%), before bouncing in August (+0.3%) up to its June level.

Other engineered goods: increasing in August

Consumption expenditure on other engineered goods slightly decreased in July (–0.3% after a stability in June), before recovering in August (+0.9%), mainly due to hardware as well as perfumes consumption.

[* 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: decrease in July, bounce in August

In July, consumption of food products decreased (–1.5% after +1.2% in June) then bounced back in August (+0.8%).

Energy: decrease in July, bounce in August

After a decrease in June (-0.4%), households consumption of energy products decreased anew in July (–0.6%), and then bounced back in August (+1.1%), an increase mainly due to a rebound in the expenditure on fuel. However, these variations has remained weak given the usual volatility of the consumption of energy.

The evolution in June is scaled down by 0.1 point

Household consumption of goods in June is scaled downward by -0.1 point (+0.8% against +0.9% within the previous publication).

This revision is mainly due to the integration of new information, as well as the updating of the seasonal adjustment coefficients.

Energy

Energy
Household consumption expenditure on goods
In chained billion euros
June July Aug. Aug.2014/
2014 2014 2014 Aug.2013
Food products 15.917 15.686 15.818
Change (%) 1.2 –1.5 0.8 0.7
Engineered goods 19.863 19.841 19.916
change (%) 0.9 –0.1 0.4 2.3
Durables 9.841 9.850 9.859
change (%) 0.6 0.1 0.1 3.3
-Of which automobiles 4.674 4.591 4.597
Change (%) 2.2 –1.8 0.1 0.7
-Of which household durables 3.943 4.037 4.059
Change (%) –1.5 2.4 0.5 8.2
Textile-leather 4.073 4.059 4.072
Change (%) 2.9 –0.3 0.3 2.4
Other engineered goods 5.949 5.933 5.986
Change (%) 0.0 –0.3 0.9 0.6
Energy 7.220 7.179 7.257
Change (%) –0.4 –0.6 1.1 1.0
-including petroeum products 4.532 4.461 4.553
Change (%) 1.3 –1.6 2.0 1.9
Total 43.013 42.712 43.003
Change (%) 0.8 –0.7 0.7 1.4
Manufactured goods 36.725 36.379 36.677
Change (%) 1.3 –0.9 0.8 1.4

Informations Rapides

n° 224 - September 30, 2014

Household consumption expenditure on goods - July-August 2014

Next issue October 31, 2014 08:45 - September 2014

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