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Increasing in June (+0.4%), household consumption of goods was almost stable over the second quarter of 2015 (–0.1%)

In June 2015, household consumption expenditure on goods accelerated: +0.4% in volume*, after +0.1% in May. This acceleration was mainly attributable to the dynamism of food consumption (+0.6% in June after +0.0% in May). However, over the second quarter, household expenditure on goods was almost stable (–0.1%) after a wide increase over the first quarter (+1.5%) : the decline in consumption of energy (–2.2%) offset the dynamism of food consumption (+0.8%).

Engineered goods : increasing in June, stable over the quarter

Durables: slowing in June and over the quarter

Household expenditure on durable goods decelerated slightly in June (+0.4% after +0.7% in May). Expenditure on household durables went up (+0.4%), after two sluggish months, and car purchases accelerated slightly (+0.7% after +0.5% in May). By contrast, purchases of other durables declined markedly (–0.7% after +2.9%), notably in watch/jewellery.

Over the second quarter 2015, expenditure on durable goods slowed down (+1.0% after +1.9%), notably expenditure on household durables (–0.1% after +1.6%). Car purchases remained dynamic (+2.0% after +2.3%).

Textile-leather: increasing in June, decreasing over the quarter

Consumption of textile, clothing and leather increased in June (+0.4% after –0.1%). However, purchases stepped back over the whole second quarter (–2.0% after +1.6%).

[* 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: moderate rise in June

Consumption expenditure on other engineered goods increased slightly in June (+0.2%, after –0.1%), especially in hardware. They were almost flat over the second quarter (–0.1% after +1.4%).

Food products: acceleration in June and over the quarter

In June, consumption of food products bounced back (+0.6% after being stable in May). Over the second quarter, it accelerated (+0.8% after +0.2% over the previous quarter).

Energy: downturn over the quarter

In June, household consumption of energy products was virtually stable (–0.1%).

Over the second quarter, consumption of energy products stepped back (–2.2% after +3.7%), mainly in gas and electricity.

The variation in May remains unchanged

Since the previous publication, new information has been integrated, and the seasonal adjustment coefficients were updated. However, the variation of households’ consumption of goods remains unchanged in May (+0.1%).

Energy

Energy
Household consumption expenditure on goods
In chained billion euros
April May June June15/ Q2 15/
2015 2015 2015 June14 Q1 15
Food products 16.056 16.056 16.155    
Change (%) 0.3 0.0 0.6 1.0 0.8
Engineered goods 20.286 20.342 20.411    
Change (%) 0.1 0.3 0.3 2.6 0.0
Durables 10.071 10.137 10.177    
Change (%) -0.3 0.7 0.4 4.7 1.0
- of which automobiles 4.763 4.788 4.822    
Change (%) 0.4 0.5 0.7 3.7 2.0
- of which household durables 4.098 4.097 4.112    
Change (%) -0.2 0.0 0.4 6.0 -0.1
Textile-leather 4.117 4.113 4.129    
Change (%) 1.6 -0.1 0.4 -1.4 -2.0
Other engineered goods 6.102 6.097 6.110    
Change (%) -0.2 -0.1 0.2 2.4 -0.1
Energy 6.993 6.984 6.977    
Change (%) -0.4 -0.1 -0.1 -1.0 -2.2
- including petroleum products 4.329 4.298 4.286    
Change (%) 0.8 -0.7 -0.3 -1.9 -1.2
Total 43.299 43.342 43.501    
Change (%) 0.1 0.1 0.4 1.4 -0.1
Manufactured goods 37.203 37.248 37.314    
Change (%) 0.4 0.1 0.2 1.7 0.3

Informations Rapides

n° 186 - July 31, 2015

Household consumption expenditure on goods - June 2015

Next issue September 30, 2015 08:45 - July 2015

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