In January 2016, household consumption expenditure on goods rose again (+0.6%)Household consumption expenditure on goods - January 2016

In January 2016, household consumption expenditure on goods grew by 0.6% in volume* (after +1.0%). Expenditure on energy bounced back sharply and consumption of household durables kept increasing at a sustained pace. However, purchases of food products fell back clearly.

Publications for general public
Informations rapides – No 52
Paru le : 02/26/2016
Prochaine parution le : 12/23/2016 at 08:45 - November 2016

In January 2016, household consumption expenditure on goods grew by 0.6% in volume* (after +1.0%). Expenditure on energy bounced back sharply and consumption of household durables kept increasing at a sustained pace. However, purchases of food products fell back clearly.

Energy: sharp rebound

In January, expenditure on energy recovered sharply (+3.4%), after two consecutive months of steep declines. The return to temperatures closer to seasonal norms led to a rebound in the expenses on gas and electricity for heating purposes. However, consumption of refined products decreased anew (−3.7%) after a strong growth in December (+5.5%).

Engineered goods: increasing again

In January, purchases of engineered goods kept growing (+0.7%), though at a slower pace than in December (+1.9%).

Durables: third month of growth in a row

In January, consumption of durables grew again (+0.6%), after a stronger rise in December (+1.6%). Spending on household durables remained sustained (+1.6%), driven primarily by purchases of consumer electronics products. However, purchases of automobiles were virtually stable (−0.1%).

Textile-clothing: more moderate growth

In January, expenditure on textile-clothing increased again (+1.4%), after a sharp rebound in December (+4.1%). The increase in January results mainly from shoes purchases.

* 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

Other engineered goods: further increase

In January, expenditure on other engineered goods grew for the second consecutive month (+0.4% after +0.9%), particularly expenditure on hardware and purchases of perfume.

Food products: sharp decline

After two months of rise, consumption of food products dropped clearly (−0.8%). In particular, consumers reduced their purchases of meat and tobacco.

The variation in December 2015 is revised upwards

The variation of household expenditure on goods in December 2015 has been revised upwards by 0.3 points: it now stands at +1.0%, instead of +0.7%. Indeed, since the previous publication, 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) Nov. 2015 Dec. 2015 Jan. 2016 Jan. 16 / Jan. 15 Q / Q-1 (2)
Food products 38 0,7 1,2 –0,8 1,1 1,0
Engineered goods 44 –0,8 1,9 0,7 2,0 0,1
- Inc. Durables 21 0,4 1,6 0,6 4,5 1,1
- Automobiles 11 0,1 1,8 –0,1 2,8 0,2
- Household durables 7 0,3 1,6 1,6 7,1 2,1
- Inc. Textile-clothing 10 –4,8 4,1 1,4 –2,5 –2,7
- Inc. Other engineered goods 13 –0,1 0,9 0,4 1,4 0,7
Energy 18 –6,1 –1,6 3,4 –3,8 –4,7
- Inc. Energy, water, waste 10 –9,6 –7,9 10,5 –4,7 –7,4
- Inc. Refined Products 9 –1,8 5,5 –3,7 –2,7 –1,6
Total 100 –1,3 1,0 0,6 0,6 –0,4
- Inc. Manufactured goods 85 –0,4 1,9 –0,3 1,3 0,3
  • (1) Weighting in the consumption expenditure on goods in value
  • (2) Last three months / previous three months
  • Source: INSEE