In November 2015, household consumption of goods decreased again (–1.1%)Household consumption expenditure on goods - November 2015

In November 2015, household expenditure on goods declined again: it decreased by 1.1% in volume*, its largest contraction since January 2014, after a slight fall in October (–0.2%). This drop comes mainly from the slide in energy consumption (–5.6%) and from the sharp decline in spending on textile-clothing (–4.7%).

Informations rapides
No 323
Paru le : 23/12/2015
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

In November 2015, household expenditure on goods declined again: it decreased by 1.1% in volume*, its largest contraction since January 2014, after a slight fall in October (–0.2%). This drop comes mainly from the slide in energy consumption (–5.6%) and from the sharp decline in spending on textile-clothing (–4.7%).

Energy: sharp decrease

In November, expenditure on energy fell back considerably (–5.6% after +2.2%); its largest decrease since June 2013. The average temperatures in November were particularly mild after being cooler in October, leading to a drop in heating expenditure. Thus, spending on gas and electricity diminished sharply. Consumption of refined products kept decreasing (–2.0%), in particular the one of butane/propane and domestic heating oil.

Engineered goods: decreasing again

In November, purchases of engineered goods kept declining (–0.8% after –1.3% in October), mainly because of textile-clothing.

Textile-clothing: sharp fall

Expenditure on textile-clothing went down for the third consecutive month. This decline was abrupt: –4.7%, (after –1.2% in October and –0.6% in September), likely as a result of mild temperatures.

[* Volumes are chained and all figures are trading days and seasonally adjusted.]

graph1_new_ang – Total consumption of goods

  • Source: INSEE

graph2_new_ang – Food and engineered goods

  • Source: INSEE

graph3_new_ang – Breakdown of engineered goods

  • Source: INSEE

Durables: slight rebound

In November, expenditure on durable goods rebounded slightly (+0.5% after –2.0% in October). Car purchases stabilised after the sharp decrease in October (+0.1% after –3.5%). Expenditure on household durables accelerated (+0.7% after +0.2% in October). Among the other durable goods, purchases of jewelry increased.

Other engineered goods: stability

In November, expenditure on other engineered goods was stable for the second consecutive month. As in October, expenditure on hardware diminished whereas perfume purchases grew.

Food products: increasing for the first time in five months

In November, the consumption of food products was up (+0.6%) for the first time since June 2015. The increased consumption of manufactured food products explained primarily this rebound.

The variation in October 2015 is raised

The variation of household expenditure on goods in October 2015 is revised upwards by 0.5%: –0.2% instead of –0.7%. Indeed, since the publication in November 2015, new information has been integrated, mainly regarding energy, and the seasonal adjustment coefficients have been updated.

graph4_new_ang – Energy

  • Source: INSEE

tab1_eng – Household consumption expenditure on goods

Variation in percentages
Household consumption expenditure on goods
Weight (1) Sept. Oct. Nov. Nov. 15 / Nov. 14 Q / Q-1 (2)
Food products 38 –0.7 0.0 0.6 1.0 –0.7
Engineered goods 44 0.7 –1.3 –0.8 0.7 –0.2
- Inc. Durables 21 1.5 –2.0 0.5 3.1 0.3
- Automobiles 11 2.5 –3.5 0.1 2.9 –0.3
- Household durables 7 0.0 0.2 0.7 4.6 1.2
- Inc. Textile-clothing 10 –0.6 –1.2 –4.7 –5.6 –2.0
- Inc. Other engineered goods 13 0.4 0.0 0.0 1.4 0.3
Energy 18 –0.2 2.2 –5.6 1.6 0.3
- Inc. Energy, water, waste 10 2.2 5.7 –8.4 5.3 3.1
- Inc. Refined Products 9 –2.9 –1.9 –2.0 –2.3 –2.9
Total 100 0.0 –0.2 –1.1 1.0 –0.3
- Inc. Manufactured goods 85 –0.1 –0.8 –0.4 0.8 –0.5
  • (1) Weighting in the consumption expenditure on goods in value
  • (2) Last three months / previous three months
  • Source: INSEE