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In January 2015, household consumption expenditure on goods increased again (+0.6%)

In January 2015, household consumption expenditure on goods continued to increase: +0.6% in volume*, after +1.6% in December. This rise resulted mainly from brisk purchases of cars and spending on gas and electricity. However, heating and fuel consumption declined markedly.

Engineered goods : growing in January

In January, household consumption of engineered goods grew sharply (+1.3% after +0.2%).

Durables: significant recovery

Household expenditure on durable goods picked up in January (+1.9% after –0.3%). This upturn was driven mainly by a sharp rise in car purchases (+3.2% after –0.1%). Expenditure on household durables, especially regarding furniture, bounced back as well (+1.4% after –0.5% in December).

Textile-leather: further increase

Consumption of textile, clothing and leather sped up in January (+2.0% after +1.7%). This was the fourth increase following the fall in September, during which consumption of clothing had reached its lowest level since October 2011.

Other engineered goods: slight drop

In January, consumption expenditure on other engineered goods dipped slightly (–0.2%, after +0.1%).

[* 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: almost stable

Consumption of food products was virtually flat in January (–0.1% after +0.7% in December). Consumption of tobacco declined slightly.

Energy: decelerating significantly

Household consumption of energy products slowed down markedly in January, after a surge in December (+0.6% after +6.9%). This turnaround essentially reflected the backlash in fuel and heating expenditure, which was very dynamic in December. Gas and electricity consumption continued to climb at a brisk pace with temperatures returning to a level close to seasonal norms, after a very mild fall.

The variation in December is scaled up by 0.1 point

The growth in household consumption of goods in December 2014 is scaled up by 0.1 point: it is now estimated at +1.6%, instead of +1.5% 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
Nov. Dec. Jan. Jan.2015/
2014 2014 2015 Jan.2014
Food products 15.882 15.988 15.974
Change (%) –0.1 0.7 –0.1 1.4
Engineered goods 20.013 20.057 20.313
Change (%) 0.6 0.2 1.3 2.2
Durables 10.020 9.991 10.178
Change (%) 0.1 –0.3 1.9 5.6
- of which automobiles 4.591 4.584 4.731
Change (%) –1.5 –0.1 3.2 4.0
- of which household durables 4.203 4.180 4.237
Change (%) 1.8 –0.5 1.4 10.1
Textile-leather 4.016 4.083 4.163
Change (%) 2.3 1.7 2.0 –0.4
Other engineered goods 5.982 5.985 5.974
Change (%) 0.3 0.1 –0.2 –1.2
Energy 6.708 7.173 7.214
Change (%) 0.0 6.9 0.6 5.8
- including petroleum products 4.143 4.516 4.422
Change (%) –0.7 9.0 –2.1 4.7
Total 42.551 43.217 43.491
Change (%) 0.2 1.6 0.6 2.6
Manufactured goods 36.651 37.124 37.196
Change (%) 0.0 1.3 0.2 2.1

Informations Rapides

n° 44 - February 27, 2015

Household consumption expenditure on goods - January 2015

Next issue December 30, 1899 00:00 - February 2015

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