28 September 2010

2010- n° 233

In July, households’ consumption in manufactured goods increased (+2.7%) then decreased in August (-1.6%) Household consumption expenditure on goods - July -August 2010

In August, households consumption in manufactured goods decreased by 1.6% in volume*, after having increased by 2.7% in July.

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

In August, expenditures in durables decreased (–0.9%) after a slight progression in July (+0.4%).

Car purchases have been declining these 2 months (–1.6% in July and –1.5% in August). Since the beginning of the year they have been steadily decreasing: –11.2% in Q1 and –8.7% in Q2

Households durables were dynamic in July (+2.0%) and slightly decreased in August (–0.3%). July’s progression is imputable to consumers electronics and furnitures and is partly explained by sales calendar, focused on July this year.

In July, expenditures in textile rocketted by 12.5% after a drop in June (–4.2%).

This dynamism is partly imputable to the sales calendar as these only began on June 30^th to end on August 3rd. As a counter-effect, these expenditures decreased in August by 6.1% getting closer to May’s level.

Expenditures in other manufactured goods increased in July (+0.6%) and slightly decreased in August (–0.2%), despite dynamic pruchases in books and stationery products.

In June, the change in consumption in manufactured goods is now estimated at –1.5% (–1.4% initially announced). The variation of expenditures in durables is downscaled by 0.1 point; car purchases are not revised and those in household durables revised by –0.2 point. Textile expenditures are downgraded by 0.8 point. Expenditures in other manufactured goods are downgraded by 0.4 point.

These revisions are mainly due to the update of seasonal and working day adjustment. To a lesser extent, they are explained by new informations on other manufactured goods.