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Household consumption on goods increased in June (+0.9%), as over the second quarter (+1.0%)

In June, household consumption expenditure on goods continued to accelerate: +0.9% in volume*, after +0.7% in May. It rose over the quarter as well (+1.0%). This quarterly increase resulted mainly from a jump in consumption of energy products which occurred in May and in purchases of household durables.

Engineered goods : rebound in June, almost stable over the quarter

Durables: increasing over the quarter

Household expenditure on durable goods went up in June (+0.5%), after a downturn in May (–0.9%). Expenditure on household durables stepped back (–1.5%), especially on electronic consumer goods after a sharp increase in May. Car purchases picked up markedly (+2.1% after –3.5%).

Over the quarter, expenditure on durable goods rose by 1.0%. This growth was mainly attributable to expenditure on household durables, which accelerated in Q2 (+2.5% after +0.5% in Q1 2014). Car purchases increased slightly (+0.4%).

Textile-leather: marked growth in June, but decline over the quarter

In June, consumption of textile, clothing and leather climbed for the second month in a row (+3.0% after +0.9% in May). However, it dipped over Q2 (–2.0%) after a slight rise in Q1 (+0.6%).

[* 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

Other engineered goods: almost stable

Consumption expenditure on other engineered goods decelerated in June (+0.1%, after +0.2% in May), and declined slightly over the quarter (–0.1%), affected mostly by weaker purchases on hardware.

Food products: rising in June as over the quarter

In June, consumption of food products bounced back (+1.1% after –1.1% in May), as well as over the second quarter (+0.9%, after –0.9%).

Energy: almost stable in June, increasing over the quarter

After a significant rise in May, household consumption of energy products leveled off in June (+0.2% after +7.0% in May), the fall in consumption of gas and electricity being offset by a rise in consumption of fuel products.

Over the quarter, consumption of energy products picked up (+3.5% after –3.9% in Q1).

The evolution in May is scaled down by 0.3 points

Household consumption of goods is now estimated at +0.7% in May, instead of +1.0% estimated for the previous publication.

This revision is mainly due to the integration of new information on car equipment, as well as the updating of the seasonal adjustment coefficients, notably in energy expenditure.

Energy

Energy
Household consumption expenditure on goods
In chained billion euros
April May June June2014/ Q2 14/
2014 2014 2014 June2013 Q1 14
Food products 15.921 15.741 15.916
Change (%) 1.2 –1.1 1.1 1.6 0.9
Engineered goods 19.766 19.735 19.921
Change (%) –0.1 –0.2 0.9 2.3 0.1
Durables 9.874 9.790 9.844
Change (%) 0.8 –0.9 0.5 3.4 1.0
- Of which automobiles 4.741 4.577 4.673
Change (%) 0.9 –3.5 2.1 1.7 0.4
- Of which household durables 3.889 4.001 3.940
Change (%) 0.8 2.9 –1.5 6.5 2.5
Textile-leather 3.924 3.960 4.081
Change (%) –1.6 0.9 3.0 2.1 –2.0
Other engineered goods 5.974 5.988 5.996
Change (%) –0.4 0.2 0.1 0.7 –0.1
Energy 6.775 7.247 7.261
Change (%) –2.4 7.0 0.2 0.9 3.5
- Including petroleum products 4.205 4.474 4.573
Change (%) –3.2 6.4 2.2 3.0 4.0
Total 42.430 42.742 43.112
Change (%) 0.0 0.7 0.9 1.8 1.0
Manufactured goods 36.494 36.310 36.765
Change (%) 0.1 –0.5 1.3 2.0 0.5

Informations Rapides

n° 180 - July 31, 2014

Household consumption expenditure on goods - June 2014

Next issue September 30, 2014 08:45 - July-August 2014

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