In July, household consumption expenditure on goods edged down (−0.2%)Household consumption expenditure on goods - July 2016

In July 2016, household consumption expenditure on goods decreased slightly (-0.2% in volume*), after a sharper decline in June (-0.8%); it is the fourth consecutive month of decline. In particular, purchases of cars and durables fell strongly. Conversely, expenses on fuel were on the rise.

Informations rapides
No 226
Paru le : 31/08/2016
Prochaine parution le : 29/11/2017 at 08:45 - October 2017

In July 2016, household consumption expenditure on goods decreased slightly (−0.2% in volume*), after a sharper decline in June (−0.8%); it is the fourth consecutive month of decline. In particular, purchases of cars and durables fell strongly. Conversely, expenses on fuel were on the rise.

Engineered goods: declining anew

In July, purchases of engineered goods declined anew (−1.2%) after a slight rebound in June (+0.4%).

graph1_new_ang – Total consumption of goods

  • Source: INSEE

Durables: strong decline

In July, expenses on durables decreased clearly (−2.2%) after a moderate growth in June (+0.6%). The decline was particularly pronounced for household durables (−3.1%), notably for televisions. Car purchases decreased for the fourth consecutive month: −1.9% in July.

Textile-clothing: downturn

In July, global expenses on textile-clothing shrank (−1.2% after +0.8%), despite a rise in shoes purchases.

Other engineered goods: recovering slightly

In July, household expenditure on other engineered goods climbed anew slightly (+0.5% after −0.2% in June), notably because of perfume purchases.

* Volumes are measured at chain-link previous year prices (2010 euro billions) and all figures are trading days and seasonally adjusted.

graph4_new_ang – Breakdown of engineered goods

  • Source: INSEE

Energy: rebound

In July, consumption of energy bounced back (+1.3%), after a strong decline in June (−6.4%). Indeed, consumption of refined products picked up (+6.5%) after plummeting in June (−14.3%), bolstered mainly by fuel expenses. However, expenses on gas and electricity slipped back slightly after being stable in June.

Food products: growing again

Consumption of food products went up again slightly in July (+0.3% after +0.5% in June and +0.4% in May). Expenses on agricultural products decreased clearly, but were compensated by the rebound in tobacco and meat consumption.

graph3_new_ang – Energy

  • Source: INSEE

graph2_new_ang – Food and engineered goods

  • Source: INSEE

The variation in June 2016 is unchanged

The variation of household expenditure on goods in June is inchanged.

tab1_eng – Household consumption expenditure on goods

Variation in percentages
Household consumption expenditure on goods
Weight (1) May 2016 June 2016 July 2016 July 16 / July 15 Q/Q-1 (2)
Food products 38 0,4 0,5 0,3 0,5 0,0
Engineered goods 45 –1,7 0,4 –1,2 1,5 –1,2
- Inc. Durables 22 –4,2 0,6 –2,2 2,3 –3,1
- Automobiles 12 –0,2 –1,4 –1,9 –1,4 –2,2
- Household durables 7 −10,9 3,6 –3,1 9,0 –5,3
- Inc. Textile-clothing 9 1,9 0,8 –1,2 –0,3 1,6
- Inc. Other engineered goods 13 0,4 –0,2 0,5 1,3 0,2
Energy 17 –0,5 –6,4 1,3 –2,1 –2,3
- Inc. Energy, water, waste 10 –6,9 0,1 –2,4 –1,1 –3,5
- Inc. Refined Products 8 8,5 −14,3 6,5 –3,2 –0,6
Total 100 –0,7 –0,8 –0,2 0,5 –1,0
- Inc. Manufactured goods 84 0,2 –1,2 0,2 1,0 –0,6
  • (1) Weighting in the consumption expenditure on goods in value
  • (2) Last three months / previous three months
  • Source: INSEE