In August 2014, households expenditure on goods increased by 0.7% in volume*, after a 0.7% decrease in July. The decline of consumption of food products mainly contributed to the overall decrease in July. The raise in August was mainly attributable to a rebound in the consumption of food products, energy products and “other engineered goods”.
After a clear rise in June (+0.6%), households expenditure on durable goods more slightly increased in July and August (+0.1%). The slowdown in July mainly arised from the downturn in car purchases (-1.8 % after +2.2 % in June), partially offset by the upturn in spending on housing equipment (+2.4 % after +1.5 %). In August, car consumption was almost stable (+0.1 %) while spending on housing equipment decelerated (+0.5 %).
After a rise in June (+2.9%), households consumption of textile and leather weakened in July (–0.3%), before bouncing in August (+0.3%) up to its June level.
Consumption expenditure on other engineered goods slightly decreased in July (–0.3% after a stability in June), before recovering in August (+0.9%), mainly due to hardware as well as perfumes 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 July, consumption of food products decreased (–1.5% after +1.2% in June) then bounced back in August (+0.8%).
After a decrease in June (-0.4%), households consumption of energy products decreased anew in July (–0.6%), and then bounced back in August (+1.1%), an increase mainly due to a rebound in the expenditure on fuel. However, these variations has remained weak given the usual volatility of the consumption of energy.
Household consumption of goods in June is scaled downward by -0.1 point (+0.8% against +0.9% within the previous publication).
This revision is mainly due to the integration of new information, as well as the updating of the seasonal adjustment coefficients.
|In chained billion euros|
|-Of which automobiles||4.674||4.591||4.597|
|-Of which household durables||3.943||4.037||4.059|
|Other engineered goods||5.949||5.933||5.986|
|-including petroeum products||4.532||4.461||4.553|
n° 224 - September 30, 2014
Household consumption expenditure on goods - July-August 2014
Next issue October 31, 2014 08:45 - September 2014
Since July 2009, display of the Informations Rapides has changed.