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Despite June slight increase (+0.1%), households’ consumption on goods slightly decreased over the second quarter (–0.2%)

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.]

Engineered goods : stability in June

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%).

Textile-leather: decreasing

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

Total consumption of goods

Food and engineered goods

Food and engineered goods

Decomposition of engineered goods

Decomposition of engineered goods

Food products: increasing in June

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.

Energy: decreasing in June

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.

Energy

Energy
Households consumption expenditures on goods
In chained billion euros
Avril Mai Juin Juin 12/ Q2 12/
2012 2012 2012 Juin 11 Q1 12
Food products 14.639 14.655 14.802
Change (%) –0.7 0.1 1.0 0.3 –1.3
Engineered goods 20.266 20.716 20.720
change (%) –2.3 2.2 0.0 –0.4 –0.6
Of which:
Automobiles 4.663 4.763 4.753
Change (%) –2.3 2.2 –0.2 –0.6 0.9
Household durables 5.217 5.144 5.209
Change (%) 2.4 –1.4 1.3 1.8 1.5
Textile-leather 3.536 3.866 3.798
Change (%) –9.6 9.3 –1.7 –5.9 –5.3
Other engineered goods 5.909 5.973 5.988
Change (%) –1.1 1.1 0.2 1.7 –0.2
Energy 6.7 6.5 6.4
Change (%) 10.1 –2.9 –1.3 1.4 2.7
Including petroleum products 4.1 4.0 4.0
Change (%) 8.3 –2.7 0.8 3.3 3.3
Total 41.687 41.883 41.938
Change (%) 0.5 0.5 0.1 0.2 –0.2
Manufactured goods 35.687 36.207 36.400
Change (%) –1.4 1.5 0.5 0.3 –0.5

Informations Rapides

n° 192 - July 31, 2012

Household consumption expenditure on goods - June 2012

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

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