Household car budgets change in line with fuel prices
Since 1990, the proportion of household budgets spent on cars has remained virtually stable. However, the price of consumable items linked to cars has risen significantly faster than overall inflation, especially since 2004. This is particularly true of fuel, but also spare parts. Technological progress and changing consumer behaviour have, meanwhile, caused the level of consumption in this area to fall over the same period. The rising cost of new cars remains moderate as a result of the competition between the various manufacturers while the falling cost of insurance has led to a drop in spending on this item.