Household 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.

Informations rapides
No 311
Paru le : 29/11/2016
Prochaine parution le : 29/08/2017 at 08:45 - July 2017

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.

Graph1 – 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.

Graph2 – 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.

Graph3 – 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.

Graph4 – 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.

Table – Household consumption expenditure on goods

Variation in percentage
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