In October 2014, household expenditure on goods dropped by 0.9% in volume*, after a decrease of 0.5% in September. This decline was due to a drop in expenditure on energy products (–6.0% after –0.5%), in reason of higher temperatures than seasonal norms. Purchases of manufactured goods were almost stable (+0.1 % after -0.5 %).
After a rise in September (+0.8%), household expenditure on durable goods was stable in October. Car purchases increased slightly (+0.2% after +1.0% in September), as did the spending on housing equipment (+0.1% after +0.2%).
Purchases in textile, clothing and leather bounced back in October (+3.4%), after a fall in September (–7.7%) which brought them to their lowest level since October 2001.
Consumption expenditure on other engineered goods was stable in October after a 0.5% decrease in September. This was mainly due to hardware consumption.
[* Volumes are chained and all figures are trading days and seasonally adjusted.]
Total consumption of goods
Food and engineered goods
Breakdown of engineered goods
In October, consumption of food products was almost stable (–0.1% after +0.4% in September).
After a slight decrease in September (–0.5%), household consumption of energy products dropped sharply in October (–6.0%), and reached its lowest level since November 1997. This drop was especially due to very low spending in heating, as temperatures were clearly above seasonal norms in October. Moreover, fuel expenditure decreased as well.
Household consumption of goods in September is scaled upward by 0.3 points (–0.5% against –0.8% within the previous publication).
This revision is mainly due to the integration of new information, mainly in telecomunications equipment, as well as the updating of the seasonal adjustment coefficients.
|In chained billion euros|
|-Of which automobiles||4.613||4.659||4.667|
|-Of which household durables||4.095||4.104||4.106|
|Other engineered goods||5.974||5.946||5.949|
|-including petroeum products||4.431||4.395||4.165|
n° 271 - November 28, 2014
Household consumption expenditure on goods - October 2014
Next issue December 23, 2014 08:45 - November 2014
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