Household consumption expenditure on goods faltered slightly in September (−0.2%) and decreased by 0.5% over the third quarterHousehold consumption expenditure on goods - September 2016

In September 2016, household consumption expenditure on goods declined slightly anew: −0.2% in volume* after +0.8% in August. In particular, consumption of energy fell back and purchases of engineered goods slowed down markedly. Over the third quarter, household consumption expenditure on goods decreased by 0.5% (after +0.1%), with a sharp downturn in household durables and gas-electricity expenses.

Informations rapides
No 284
Paru le : 28/10/2016
Prochaine parution le : 29/08/2017 at 08:45 - July 2017

In September 2016, household consumption expenditure on goods declined slightly anew: −0.2% in volume* after +0.8% in August. In particular, consumption of energy fell back and purchases of engineered goods slowed down markedly. Over the third quarter, household consumption expenditure on goods decreased by 0.5% (after +0.1%), with a sharp downturn in household durables and gas-electricity expenses.

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

Graph1 – Total consumption of goods

  • Source: INSEE

Graph2 – Food and engineered goods

  • Source: INSEE

Energy: renewed decline

In September, consumption of energy declined anew (−1.7%), after two months of growth. The donwturn in consumption of refined products contributed the most to this fall (−3.0%), but expenses on gas-electricity also stepped back (−0.7%). Over the whole quarter, consumption of energy retreated clearly (−1.9% after +1.4%), particularly in gas-electricity, as temperatures returned to the norm after a relatively cool spring.

Graph3 – Energy

Engineered goods: stability in September, decline over the quarter

In September, purchases of engineered goods were stable after a rebound in August. Over the third quarter, they decreased (−1.1% after +0.2%).

Durables: slowdown in September and sharp decline over the quarter

In September, expenditure on durables slowed down (+0.5% after +1.5% in August); in particular, car purchases came to a standstill (−0.1% after +3.0%). However, expenses on watch-jewellery bounced back strongly. Over the third quarter, purchases of durables decreased clearly (−2.4% after +0.7%). In particular, purchases of household durables fell after two very dynamic quarters.

Textile-clothing: small decline

In September, expenses on textile-clothing fell back (−0.5%), notably the purchases of shoes which dropped strongly. Over the whole quarter, these expenses decreased moderately again (−0.3% after −0.6%).

Other engineered goods: decrease in September, rebound over the quarter

In September, household expenditure on other engineered goods decreased (−0.4%) after two months of [rise]. Over the third quarter, they grew by 0.6% (after 0.0%).

Graph4 – Breakdown of engineered goods

  • Source: INSEE

Food products: slight improvement in September, rebound over the quarter

In September, consumption of food products increased modestly (+0.2% after 0.0%). Purchases of agricultural products increased while those of processed agrifood decreased slightly. Over the whole quarter, consumption of food products picked up: +0.9% after −0.6%.

The variation in August 2016 is slightly revised upwards

The variation in household expenditure on goods in August 2016 has been revised upwards by 0.1 points: it now stands at +0.8% instead of +0.7%. Since the previous publication, new information has been integrated, particularly concerning household durables, energy and textile-clothing, moreover, the seasonal adjustment coefficients have been updated.

Table – Household consumption expenditure on goods

Variation in percentage
Household consumption expenditure on goods
Weight (1) July 2016 Aug. 2016 Sept. 2016 Sept. 16 / Sept. 15 Q3 2016/Q2 2016
Food products 38 0.6 0.0 0.2 1.5 0.9
Engineered goods 45 –1.8 1.1 0.0 1.3 –1.1
- Inc. Durables 22 –2.7 1.5 0.5 2.6 –2.4
- Automobiles 12 –1.5 3.0 –0.1 0.1 –0.5
- Household durables 7 –5.0 –0.2 0.6 7.1 –5.9
- Inc. Textile-clothing 9 –2.4 1.0 –0.5 –1.3 –0.3
- Inc. Other engineered goods 13 0.2 0.7 –0.4 0.8 0.6
Energy 17 2.7 1.4 –1.7 –2.6 –1.9
- Inc. Energy, water, waste 10 –0.8 0.0 –0.7 –3.3 –3.7
- Inc. Refined Products 8 7.6 3.3 –3.0 –1.7 0.7
Total 100 –0.1 0.8 –0.2 0.7 –0.5
- Inc. Manufactured goods 84 0.0 1.0 –0.3 1.2 0,0
  • (1) Weighting in the consumption expenditure on goods in value in 2015