31 October 2017
2017- n° 291Household consumption expenditure on goods bounced back in September (+0.9%) and increased
again over the third quarter (+0.7%) Household consumption expenditure on goods - September 2017
In September 2017, household consumption expenditure on goods increased by 0.9% in volume*, after falling by 0.2% in August. Expenses on energy accelerated while food products' purchases bounced back. Over the whole third quarter, expenses on goods accelerated slightly (+0.7% after +0.6%), driven by expenditure on energy, clothing and household durables.
- Energy: acceleration in September and over the quarter
- Food products: upturn in September, decline over the quarter
- Engineered goods: virtual stability in September, acceleration over the quarter
- Durables: very slight increase in September, acceleration over the quarter
- Textile-clothing: increasing again in September, bouncing over the quarter
- Other engineered goods: fall in September, rebound over the quarter
- The variation in August 2017 is slightly revised upwards
In September 2017, household consumption expenditure on goods increased by 0.9% in volume*, after falling by 0.2% in August. Expenses on energy accelerated while food products' purchases bounced back. Over the whole third quarter, expenses on goods accelerated slightly (+0.7% after +0.6%), driven by expenditure on energy, clothing and household durables.
*Volumes are measured at chain-link previous year prices (2010 euro billions) and all figures are trading-day and seasonally adjusted.
graphiqueGraph1 – Total consumption of goods
Energy: acceleration in September and over the quarter
In September 2017, energy consumption accelerated (+3.3% after +0.4%). Fuels purchases increased sharply (+5.1%), as well as heating expenses, as a result of lower temperatures than the seasonal norm. Over the quarter, expenses on energy also accelerated (+1.6% after +0.5%).
graphiqueGraph2 – Breakdown of energy
Food products: upturn in September, decline over the quarter
In September 2017, food products purchases bounced back after a strong fall in August (+0.8% after −1.1%). This change was notably due to a recovery in meat and transformed products (canned food, condiments, etc.) consumption. Over the whole quarter, food products expenses stepped back (−0.5%) after two quarters of rise.
graphiqueGraph3 – Food products, engineered goods and energy
Engineered goods: virtual stability in September, acceleration over the quarter
In September 2017, purchases of engineered goods were virtually stable. However, they remained dynamic over the whole quarter (+1.3% after +0.5%), especially regarding household durables and textile-clothing. In 2017, the sale season started a little bit later than in the previous years, which presumably bolstered the consumption in Q3.
Durables: very slight increase in September, acceleration over the quarter
In September, purchases of durables increased marginally (+0.2%): the rebound in household durables compensated the decline in transport equipment. Over the whole quarter, expenses on durables accelerated (+1.5% after +1.1%), partly due to audiovisual equipments purchases.
Textile-clothing: increasing again in September, bouncing over the quarter
In September, expenses on textile-clothing increased for the third consecutive month. Purchases of clothing and shoes increased, while textile expenditure declined. Over the whole quarter, expenses recovered (+1.8% after two slightly declining quarters).
Other engineered goods: fall in September, rebound over the quarter
In September, expenses on “other engineered goods” decreased (−0.5%) after four consecutive months of growth. This is mainly due to the decline in beauty products and perfume's purchases. Over the whole quarter, expenses bounced back (+0.7% after −0.1%).
graphiqueGraph4 – Breakdown of engineered goods
The variation in August 2017 is slightly revised upwards
Compared to the previous estimate, the variation in household expenditure on goods in August 2017 is slightly revised upwards: −0.2% instead of −0.3%. Since the previous publication, new information has been integrated and the seasonal adjustment coefficients have been updated.
tableauTable – Household consumption expenditure on goods
Weight (1) | July 2017 | Aug. 2017 | Sept. 2017 | Sept. 17 /Sept. 16 | Q3/Q2 | |
---|---|---|---|---|---|---|
Food products | 38 | 0.5 | –1.1 | 0.8 | 0.4 | –0.5 |
- excl. Tobacco | 35 | 0.7 | –1.1 | 0.9 | 0.9 | –0.5 |
Engineered goods | 45 | 1.2 | 0.2 | 0.1 | 4.0 | 1.3 |
- Durables | 22 | 0.9 | 0.1 | 0.2 | 3.9 | 1.5 |
Including: | ||||||
- Transport equipment | 12 | –0.8 | 0.8 | –0.3 | 2.3 | 0.6 |
- Household durables | 7 | 3.8 | –1.2 | 1.1 | 7.9 | 3.2 |
- Textile-clothing | 9 | 3.6 | 0.5 | 0.7 | 8.4 | 1.8 |
- Other engineered goods | 13 | 0.2 | 0.2 | –0.5 | 1.1 | 0.7 |
Energy | 17 | –0.3 | 0.4 | 3.3 | 5.2 | 1.6 |
- Energy. water. waste | 10 | 0.9 | 0.5 | 1.9 | 3.9 | 1.9 |
- Refined Products | 7 | –1.8 | 0.3 | 5.1 | 7.1 | 1.3 |
Total | 100 | 0.7 | –0.2 | 0.9 | 2.8 | 0.7 |
- Including Manufactured goods | 84 | 0.7 | –0.2 | 0.8 | 2.9 | 0.7 |
- (1) Weighting in the consumption expenditure on goods in value in 2016
Documentation
Methodology (pdf,23 Ko)