In June, households’ expenditure on goods increased by 0.1% in volume*, after having increased by 0.5% in May. Over the second quarter, they decreased by 0.2% (after a stability in Q1 2012). The slight increase of expenditure in June was attributable to food products consumption, whose increase offset the decline of expenditure on energy products.
[* Volumes are chained and all figures are trading days and seasonally adjusted.]
Durables: increasing in June
Households’ expenditure on durables increased in June (+0.6% after +0.3% in May), notably driven up by household durables. Over the quarter, they increased by 1.1%, after a 4.1% decrease in Q1 2012. Despite a slight decrease in June (–0.2% after +2.2% in May), attributable to the second-hand market, car purchases bounced over the first quarter (+0.9% after –7.0%).
Consumption of textile and leather declined in June (–1.7%) after an increase in May (+9.3%). This decrease could be attributable to the late beginning of the summer sales. It decreased more sharply over the second quarter (–5.3% after +0.3%).
Other engineered goods: almost stable
Consumption expenditure on other engineered goods slightly increased in June (+0.2%, after +1.1% in May), and slightly decreased over the second quarter (–0.2%, after +0.5% in Q1 2012).
Total consumption of goods
Food and engineered goods
Decomposition of engineered goods
In June, consumption of food products increased (+1.0%, after +0.1% in May). It decreased by 1.3% over the second quarter, after +0.8% in Q1 2012.
Households’ consumption of energy products decreased again in June (-1.3% after -2.9% in May). It increased over the second quarter (+2.7% after +3.5% in Q1 2012) because of large heating expenditure in April.
The evolution of household consumption on goods in may is scaled up by 0.1 point.
The change of household consumption on goods is now estimated at +0.5% in May, instead of +0.4% estimated the previous month.
This revision is notably due to the integration of new information and to the revision of seasonality.
|In chained billion euros|
|Avril||Mai||Juin||Juin 12/||Q2 12/|
|2012||2012||2012||Juin 11||Q1 12|
|Other engineered goods||5.909||5.973||5.988|
|Including petroleum products||4.1||4.0||4.0|
n° 192 - July 31, 2012
Household consumption expenditure on goods - June 2012
Next issue May 31, 2013 08:45 - April 2013
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