29 November 2016
2016- n° 311Household consumption expenditure on goods bounced back in October (+0.9%) Household consumption expenditure on goods - October 2016
In October 2016, household consumption expenditure on goods bounced back in volume*: +0.9% after −0.4%. In particular, spendings on energy and purchases of household durables and of clothing picked up markedly.
In October 2016, household consumption expenditure on goods bounced back in volume*: +0.9% after −0.4%. In particular, spendings on energy and purchases of household durables and of clothing picked up markedly.
*Volumes are measured at chain-link previous year prices (2010 euro billions) and all figures are trading days and seasonally adjusted.
graphiqueGraph1 – Total consumption of goods
- Source: INSEE
Energy: sharp rebound
In October, energy consumption bounced back sharply (+3.6% after −1.8%). Expenditure on heating in gas and electricity surged owing to relatively cool temperatures for October, after a mild climate for the season in September. Likewise, the consumption of refined products recovered (+2.6% after −3.1%), in part due to oil consumption.
graphiqueGraph2 – Breakdown of energy
- Source: INSEE
Engineered goods: increasing
In October, purchases of engineered goods rose anew (+0.7% after −0.3% in September), mainly due to an upturn in clothing expenditure.
Durables: moderate growth
In October, expenditure on durables increased moderately again (+0.4% after +0.3%). Purchases of household durables recovered (+2.5% after −0.4%), after three consecutive month of decline. However, car purchases fell back (−1.0% after +0.3%).
Textile-clothing: rising anew
In October, expenditure on clothing bounced back (+2.1% after −1.8%). In particular, shoe purchases shot up after a sharp fall in September.
Other engineered goods: slight growth
In October, household expenditure on other engineered goods edged up (+0.2% after −0.4%), notably with a rebound in hardware spending.
graphiqueGraph3 – Breakdown of engineered goods
- Source: INSEE
Food products: virtually stable
The consumption of food products was virtually stable in October (−0.1%), after a modest growth in the previous month (+0.2%). In details, the decline in tobacco consumption was almost offset by a slight rise in purchases of meat and dairy products.
graphiqueGraph4 – Food products, engineered goods and energy
The variation in September 2016 is revised downwards
The variation of household expenditure on goods in September 2016 is revised downwards by 0.2 points: it now stands at −0.4% instead of −0.2%. Since the previous publication, new information has been integrated, particularly concerning clothing and household durables. Moreover, the seasonal adjustment coefficients have been updated.
tableauTable – Household consumption expenditure on goods
| Weight (1) | Aug. 2016 | Sept. 2016 | Oct. 2016 | Oct. 16 / Oct. 15 | Q/Q-1 (2) | |
|---|---|---|---|---|---|---|
| Food products | 38 | 0.0 | 0.2 | –0.1 | 1.4 | 0.5 |
| Engineered goods | 45 | 1.1 | –0.3 | 0.7 | 2.4 | 0.2 |
| - Inc. Durables | 22 | 1.5 | 0.3 | 0.4 | 3.8 | 0.4 |
| - Automobiles | 12 | 3.1 | 0.3 | –1.0 | 1.4 | 1.5 |
| - Household durables | 7 | –0.2 | –0.4 | 2.5 | 8.1 | –1.4 |
| - Inc. Textile-clothing | 9 | 1.0 | –1.8 | 2.1 | 0.7 | –0.7 |
| - Inc. Other engineered goods | 13 | 0.6 | –0.4 | 0.2 | 1.1 | 0.5 |
| Energy | 17 | 1.5 | –1.8 | 3.6 | –0.1 | 0.8 |
| - Inc. Energy, water, waste | 10 | 0.0 | –0.7 | 4.3 | –3.7 | 0.2 |
| - Inc. Refined Products | 8 | 3.4 | –3.1 | 2.6 | 4.2 | 1.7 |
| Total | 100 | 0.8 | –0.4 | 0.9 | 1.5 | 0.4 |
| - Inc. Manufactured goods | 84 | 1.0 | –0.5 | 0.5 | 2.2 | 0.5 |
- (1) Weighting in the consumption expenditure on goods in value
- (2) Last three months / previous three months
Documentation
Methodology (pdf,23 Ko)
Pour en savoir plus
