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In February 2014, household consumption of goods was almost stable (+0.1%)

In February, household consumption expenditure on goods increased by 0.1% in volume*, after a 2.1% decrease in January. The rebound in car purchases was globally offset by a decline in most of the other items, notably the consumption of food products.

Engineered goods : rising

Durables: rebound

After an increase in December (+3.2%) and a decrease in January (–4.5%), household expenditure on durable goods bounced in February (+2.4%). That profile was mainly attributable to car purchases (+5.1% after 3.9% in December and –7.6% in January), which was affected by the strenghtening of penalties on the purchase of polluting cars from January 1st, 2014. Thus in february, the level of purchases stood slightly above the level of November. Conversely, purchases of household durables declined for the second month in a row (–0.8% after –1.9%) after a strong increase in December (+3.5%).

Textile-leather: decrease

Household consumption of textile, clothing and leather fell slightly after a rise in January (–0.3%, after +2.0%).

Other engineered goods: slight decline

In February, consumption expenditure on other engineered goods declined slightly (–0.2% after +0.5% in January), especially because of a decline in expenditure on hardware.

* 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: decreasing for the fourth month in a row

Consumption of food products fell again in February (–0.7% after –0.5%). It has been the fourth consecutive month of decrease since the increase in October 2013.

Energy: declining slightly

In February, household consumption of energy products decreased slightly (–0.6%) after a more significant drop in January (–6.4%). Expenditure for heating purposes (electricity, gas, fuel…) remained low for the season because of above average temperatures in February once again. Moreover, fuel expenditure dipped.

The decrease in January is confirmed

Household consumption expenditure on goods decreased by 2.1% in January, as indicated by the previous publication.

Some slight revisions, offsetting each other, are mainly due to the integration of new information, as well as to the updating of the seasonal adjustment coefficients.

Household consumption expenditure on goods
In chained billion euros
Dec. Jan. Feb. Feb.2014/
2013 2014 2014 Feb.2013
Food products 14.843 14.774 14.677
Change (%) 0.0 –0.5 –0.7 –0.2
Engineered goods 21.095 20.734 20.949
Change (%) 1.2 –1.7 1.0 2.7
Durables 11.278 10.770 11.026
Change (%) 3.2 –4.5 2.4 3.7
Of which Automobiles 4.699 4.344 4.567
Change (%) 3.9 –7.6 5.1 2.2
Of which Household durables 5.708 5.600 5.558
Change (%) 3.5 –1.9 –0.8 6.0
Textile-leather 3.864 3.939 3.927
Change (%) –1.8 2.0 –0.3 2.9
Other engineered goods 5.986 6.017 6.007
Change (%) –0.1 0.5 –0.2 1.0
Energy 6.411 6.003 5.966
Change (%) –1.2 –6.4 –0.6 –7.6
Including petroleum products 3.900 3.650 3.594
Change (%) 0.6 –6.4 –1.5 –6.4
Total 42.278 41.378 41.421
Change (%) 0.3 –2.1 0.1 –0.3
Manufactured goods 36.659 36.080 36.137
Change (%) 0.9 –1.6 0.2 1.1

Energy

Energy

Informations Rapides

n° 70 - March 28, 2014

Household consumption expenditure on goods - February 2014

Next issue April 30, 2014 08:45 - March 2014

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