In January, households’ consumption in goods decreased again (–0.4%)Household consumption expenditure on goods - January 2012

In January, households’ expenditure in goods decreased by 0.4% in volume*, after having decreased by 0.2% in December. This decrease is mainly attributable to that of engineered goods and most notably to the decline of car purchases.

Informations rapides
No 56
Paru le : 29/02/2012
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

In January, households’ expenditure in goods decreased by 0.4% in volume*, after having decreased by 0.2% in December. This decrease is mainly attributable to that of engineered goods and most notably to the decline of car purchases.

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

Engineered goods : decreasing

Durables : sharp decreasing

Households’ expenditure in durables decreased in January (-4.3%, after +3.0% in December), notably because of a sharp drop in car purchases (-7.6% in January, after +2.8% in December). Households might have brought their car purchases forward in anticipation of a tougher bonus-malus from January 1st 2012. Purchases in household durables decreased to a lesser extent (-1.5%) after a strong growth in December (+4.3%).

Textile-leather : decreasing too

Purchases in textile and leather decreased in January (–2.3%), after an already weak December (–1.7%).

Other engineered goods : stability

Consumption expenditure in other engineered goods were stable in January. The decline of expenditure in hardware was offset by the growth of consumption in health products.

graph1_new_ang – Total consumption of goods

graph2_new_ang – Food and engineered goods

graph3_new_ang – Decomposition of engineered goods

Food products : increasing

In January, consumption in food products increased by 1.4%, after three successive months of decline (of which -1.0% in December).

Energy : rising again

After four successive months of decline, consumption in energy increased in January (+2.0%, after -2.4% in December), notably supported by fuel expenditure.

The evolution of household consumption in goods in December is scaled up by 0.5 point.

The decrease of household consumption in goods is now estimated at -0.2% in December, instead of a –0.7% estimated the previous month.

This revision is notably due to the integration of new information concerning expenditure in computer and electronic products, as well as the revision of seasonality (notably concerning car purchases).

tab1_eng – Households consumption expenditures in goods

In chained billion euros
Households consumption expenditures in goods
Nov. Déc. Janv. Janv.12/
2011 2011 2012 Janv.11
Food products 14.645 14.503 14.706
Change (%) –0.1 –1.0 1.4 0.1
Engineered goods 20.801 21.067 20.500
change (%) 0.5 1.3 –2.7 –3.3
Of which:
Automobiles 4.957 5.097 4.708
Change (%) 3.5 2.8 –7.6 –11.9
Household durables 5.130 5.352 5.274
Change (%) –1.5 4.3 –1.5 3.6
Textile-leather 3.936 3.870 3.781
Change (%) –0.1 –1.7 –2.3 0.1
Other engineered goods 5.759 5.772 5.772
Change (%) –0.4 0.2 0.0 0.8
Energy 6.217 6.068 6.192
Change (%) –1.0 –2.4 2.0 –4.2
Including petroleum products 3.830 3.690 3.791
Change (%) –0.7 –3.7 2.8 –4.5
Total 41.573 41.507 41.325
Change (%) 0.0 –0.2 –0.4 –2.2
Manufactured goods 36.260 36.227 35.930
Change (%) 0.1 –0.1 –0.8 –2.4

    graph4_new_ang – Energy