Go to contents

Go to main menu

Liens transversaux haut

In July, household consumption expenditure on goods edged down (-0.2%)

In July 2016, household consumption expenditure on goods decreased slightly (-0.2% in volume*), after a sharper decline in June (-0.8%); it is the fourth consecutive month of decline. In particular, purchases of cars and durables fell strongly. Conversely, expenses on fuel were on the rise.

Engineered goods: declining anew

In July, purchases of engineered goods declined anew (-1.2%) after a slight rebound in June (+0.4%).

Total consumption of goods

Total consumption of goods

Source: INSEE

Durables: strong decline

In July, expenses on durables decreased clearly (-2.2%) after a moderate growth in June (+0.6%). The decline was particularly pronounced for household durables (-3.1%), notably for televisions. Car purchases decreased for the fourth consecutive month: -1.9% in July.

Textile-clothing: downturn

In July, global expenses on textile-clothing shrank (-1.2% after +0.8%), despite a rise in shoes purchases.

Other engineered goods: recovering slightly

In July, household expenditure on other engineered goods climbed anew slightly (+0.5% after -0.2% in June), notably because of perfume purchases.

* Volumes are measured at chain-link previous year prices (2010 euro billions) and all figures are trading days and seasonally adjusted.

Breakdown of engineered goods

Breakdown of engineered goods

Source: INSEE

Energy: rebound

In July, consumption of energy bounced back (+1.3%), after a strong decline in June (-6.4%). Indeed, consumption of refined products picked up (+6.5%) after plummeting in June (-14.3%), bolstered mainly by fuel expenses. However, expenses on gas and electricity slipped back slightly after being stable in June.

Food products: growing again

Consumption of food products went up again slightly in July (+0.3% after +0.5% in June and +0.4% in May). Expenses on agricultural products decreased clearly, but were compensated by the rebound in tobacco and meat consumption.

Energy

Energy

Source: INSEE

Food and engineered goods

Food and engineered goods

Source: INSEE

The variation in June 2016 is unchanged

The variation of household expenditure on goods in June is inchanged.

Household consumption expenditure on goods
Variation in percentages
(1) Weighting in the consumption expenditure on goods in value
(2) Last three months / previous three months
Source: INSEE
Weight (1) May 2016 June 2016 July 2016 July 16 / July 15 Q/Q-1 (2)
Food products 38 0,4 0,5 0,3 0,5 0,0
Engineered goods 45 –1,7 0,4 –1,2 1,5 –1,2
- Inc. Durables 22 –4,2 0,6 –2,2 2,3 –3,1
- Automobiles 12 –0,2 –1,4 –1,9 –1,4 –2,2
- Household durables 7 -10,9 3,6 –3,1 9,0 –5,3
- Inc. Textile-clothing 9 1,9 0,8 –1,2 –0,3 1,6
- Inc. Other engineered goods 13 0,4 –0,2 0,5 1,3 0,2
Energy 17 –0,5 –6,4 1,3 –2,1 –2,3
- Inc. Energy, water, waste 10 –6,9 0,1 –2,4 –1,1 –3,5
- Inc. Refined Products 8 8,5 -14,3 6,5 –3,2 –0,6
Total 100 –0,7 –0,8 –0,2 0,5 –1,0
- Inc. Manufactured goods 84 0,2 –1,2 0,2 1,0 –0,6

Informations Rapides

n° 226 - August 31, 2016

Household consumption expenditure on goods - July 2016

Next issue September 30, 2016 08:45 - August 2016

For further information