Household consumption expenditure on goods sped up in May (+1.0%)Household consumption expenditure on goods - May 2017

In May 2017, household expenditure on goods increased by 1.0% in volume*, after +0.4% in April. Car and clothing purchases bounced back sharply. In contrast, spending on energy and food products slowed down.

Informations rapides
No 172
Paru le : 30/06/2017
Prochaine parution le : 29/09/2017 at 08:45 - August 2017

In May 2017, household expenditure on goods increased by 1.0% in volume*, after +0.4% in April. Car and clothing purchases bounced back sharply. In contrast, spending on energy and food products slowed down.

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

Graph1 – Total consumption of goods

  • Source: INSEE

Engineered goods: marked rebound

In May 2017, purchases of engineered goods picked up (+1.5% after −1.1%), driven by spending on durables (+1.0% after −0.9%) and on clothing.

Durables: recovery

In May, car purchases bounced back (+2.0% after −1.0%), notably new and used vehicules, as well as recreational vehicules (mortorhomes). Spending on household durables other than cars was stable after a decline of 0.9% in April: a decrease in purchases of consumer electronics was offset by a rise in communication equipment (notably smartphones). Furthermore, purchases of cameras dropped, as in April.

Textile-clothing: rebound

In May, spending on textile-clothing soared (+4.6% after −2.2% in April). In particular, purchases of clothes and shoes bounced back after two months of decline.

Other engineered goods: slight rise

In May, purchases of “other engineered goods” picked up slightly (+0.2% after −0.6%). Expenditure on hardware and DIY materials fell again, while purchases of perfumes bounced back.

Graph3 – Breakdown of engineered goods

  • Source: INSEE

Energy: lower increase

In May 2017, energy consumption slowed down slightly (+2.3% after 3.4%). Expenditure on gas and electricity lost steam while consumption of refined products bounced back (+2.5% after −1.4%), in particular in diesel and liquefied petroleum gas (LPG).

Graph2 – Breakdown of energy

  • Source: INSEE

Food products: virtual stability

In May 2017, consumption of food products was almost unchanged (−0.1%), after a sharp rise in April (+0.8%). Consumption of unprocessed agricultural goods increased for the third consecutive month, whereas spending on agrifood products fell back, in particular in meat products.

Graph4 – Food products, engineered goods and energy

  • Source: INSEE

The variation in April 2017 is slightly revised downwards

Compared to the previous estimate, the variation of household expenditure on goods in April 2017 has been revised downwards by 0.1 points, at +0.4%. Since the previous publication, new information has been integrated, particularly concerning household durables other than cars, and the seasonal adjustment coefficients have been updated.

Table – Household consumption expenditure on goods

Changes in %, TD-SA
Household consumption expenditure on goods
Weight (1) Mar. 2017 Apr. 2017 May. 2017 May. 17 / May. 16 Q / Q-1 (2)
Food products 38 0.2 0.8 –0.1 1.9 1.0
- excl. Tobacco 35 0.7 1.0 –0.1 2.3 1.3
Engineered goods 45 0.1 –1.1 1.5 2.2 0.9
- Durables 22 0.6 –0.9 1.0 2.7 0.9
Including :
- Automobiles 12 0.2 –1.0 2.0 4.0 –0.3
- Household durables 7 1.5 –0.9 0.0 2.0 3.3
- Textile-clothing 9 –1.8 –2.2 4.6 4.1 2.1
- Other engineered goods 13 0.6 –0.6 0.2 0.1 –0.1
Energy 17 –1.4 3.4 2.3 –2.0 –4.0
- Energy, water, waste 10 –3.6 7.4 2.1 –1.2 –6.8
- Refined Products 7 1.3 –1.4 2.5 –2.9 –0.1
Total 100 –0.1 0.4 1.0 1.3 0.1
- Including Manufactured goods 84 0.0 –0.5 0.8 1.5 0.6
  • (1) Weighting in the consumption expenditure on goods in value in 2016
  • (2) Last three months / previous three months