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In December, households’ consumption in goods decreased (–0.7%)

In December, households’ expenditure in goods decreased by 0.7% in volume*, after having increased by 0.1% in November. This decrease is mainly imputable to that of food and energy products. Over the fourth quarter, consumption in goods remained stable, after +0.2% in Q3.

[* Volumes are chained and all figures are trading days and seasonally adjusted.]

Engineered goods : slightly increasing

Durables : car purchases increasing

Households’ expenditure in durables increased anew in December (+0.8%, +1.5% in November). Over the quarter, they increased by 2.1%, after +0.6% in Q3. The monthly evolutions are explained in particular by car purchases renewed increase (+1.6% in Decembe, after +3.6% in November). Over the quarter car purchases accelerated : +4.2% after +0.7% in Q3 ; expenditure in household durablesheld steady (after +0.1% in Q3).

Textile-leather : decreasing

Purchases in textile and leather decreased in December (–0.9%, after –0.7% in November). Nevertheless, due to a rebound in October, they increased over the quarter by 1.2%, after -2.6% in Q3.

Other engineered goods : slightly increasing

Consumption expenditure in other engineered goods slightly increased in December (+0.2%, after –0.4% in November). Over the quarter, it increased by 0.7% (after +0.2% in Q3).

Total consumption of goods

Total consumption of goods

Food and engineered goods

Food and engineered goods

Decomposition of engineered goods

Decomposition of engineered goods

Food products : less purchases for holiday period

Consumption in food products decreased in December by 1.0%, after helding steady in November. Over the quarter, these expenditure were almost stable (-0.1% after -0.8% in Q3)

Energy : new step back in December

Consumption in energy products decreased anew in December (-2.7%, after -0.9% in November), in particular due to a marked fall in heating oil purchases under mild weather conditions. Over the quarter, expenditure in energy stepped back by 3.6% after having increase by 3.5% the previous quarter.

The evolution of household consumption in goods in November is scaled up by 0.2 point.

The increase of household consumption in goods is now estimated at +0.1% in November, instead of a –0.1% estimated the previous month.

This revision is notably due to the integration of new information concerning expenditure in health products, as well as the revision of seasonality.

Energy

Energy
Households consumption expenditures in manufactured goods
In chained billion euros
Oct. Nov. Déc. Déc.11/ Q4 11/
2011 2011 2011 Déc.10 Q3 11/
Food products 14.648 14.654 14.512
Change (%) –0.3 0.0 –1.0 –1.7 –0.1
Engineered goods 20.647 20.750 20.808
change (%) 0.9 0.5 0.3 –1.6 1.5
Of which:
Automobiles 4.822 4.995 5.075
Change (%) –1.3 3.6 1.6 –7.0 4.2
Household durables 5.090 5.045 5.046
Change (%) 0.8 –0.9 0.0 3.0 0.0
Textile-leather 3.940 3.913 3.877
Change (%) 4.5 –0.7 –0.9 –4.1 1.2
Other engineered goods 5.781 5.756 5.769
Change (%) 0.9 –0.4 0.2 1.7 0.7
Energy 6.3 6.2 6.0
Change (%) –1.2 –0.9 –2.7 –10.1 –3.6
Including petroleum products 3.9 3.8 3.7
Change (%) –0.9 –0.6 –4.2 –10.2 –4.3
Total 41.500 41.538 41.253
Change (%) 0.1 0.1 –0.7 –3.1 0.0
Manufactured goods 36.160 36.226 35.982
Change (%) 0.3 0.2 –0.7 –2.4 0.4

Informations Rapides

n° 32 - January 31, 2012

Household consumption expenditure on goods - December 2011

Next issue June 28, 2013 08:45 - May 2013

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