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In February, the cold spell drove households’ consumption in goods up (+3.0%)

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.]

Engineered goods : bouncing

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

Total consumption of goods

Food and engineered goods

Food and engineered goods

Decomposition of engineered goods

Decomposition of engineered goods

Food products: increasing

In February, consumption in food products increased again (+1.3% after +1.6%).

Energy: expenditure sharply increasing

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%.

Energy

Energy
Households consumption expenditures in goods
In chained billion euros
Déc. Janv. Févr. Févr.12/
2011 2011 2011 Févr.11
Food products 14.512 14.743 14.930
Change (%) –1.0 1.6 1.3 1.0
Engineered goods 21.055 20.448 20.626
change (%) 0.9 –2.9 0.9 –3.2
Of which:
Automobiles 5.082 4.660 4.623
Change (%) 1.8 –8.3 –0.8 –14.3
Household durables 5.348 5.272 5.290
Change (%) 4.3 –1.4 0.3 2.6
Textile-leather 3.879 3.782 3.998
Change (%) –1.5 –2.5 5.7 –0.2
Other engineered goods 5.748 5.758 5.779
Change (%) –0.2 0.2 0.4 1.0
Energy 6.086 6.228 6.954
Change (%) –2.6 2.3 11.7 9.0
Including petroleum products 3.708 3.823 4.215
Change (%) –3.9 3.1 10.2 7.0
Total 41.527 41.358 42.585
Change (%) –0.4 –0.4 3.0 0.5
Manufactured goods 36.222 35.917 36,468
Change (%) –0.3 –0.8 1.5 –1.3

Informations Rapides

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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