In February, households’ expenditure in goods increased by 3.0% in volume*, after having decreased by 0.4% in January. Two-thirds of this bouncing are attributable to the sharp increase of expenditure in energy products. Purchases in food products and clothing are dynamic too.
[* Volumes are chained and all figures are trading days and seasonally adjusted.]
Durables: slightly decreasing
Households’ expenditure in durables decreased in February (-0.7%, after –4.7% in January), notably because of a new decrease in car purchases (–0.8% in February after –8.3%) imputable to the second-hand market. Furthermore, purchases in household durables slightly increased (+0.3% after -1.4%).
Textile-leather: sharply bouncing
Consumption of textile and leather bounced in February (+5.7%) after two consecutive months of decreases (–2.5% in January and –1.5% in December). The cold spell could have driven purchases in winter clothing up.
Other engineered goods: slight increase
Consumption expenditure in other engineered goods slightly accelerated in February (+0.4% after +0.2%), notably those in hardware.
Total consumption of goods
Food and engineered goods
Decomposition of engineered goods
In February, consumption in food products increased again (+1.3% after +1.6%).
Households’ consumption in energy products markedly accelerated in February (+11.7% after +2.3%). Indeed, very low temperatures during the first two weeks drove heating purchases up (electricity, gas, fuel).
The evolution of household consumption in goods in January is not revised.
The decrease of household consumption in goods in January is still estimated at –0.4%.
|In chained billion euros|
|Other engineered goods||5.748||5.758||5.779|
|Including petroleum products||3.708||3.823||4.215|
n° 81 - March 30, 2012
Household consumption expenditure on goods - February 2012
Next issue June 28, 2013 08:45 - May 2013
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