29 November 2017
2017- n° 312Household consumption expenditure on goods fell sharply in October (−1.9%) Household consumption expenditure on goods - October 2017
In October 2017, household consumption expenditure on goods was down by 1.9% in volume* (after +1.0%), particularly due to energy and engineered goods.
In October 2017, household consumption expenditure on goods was down by 1.9% in volume* (after +1.0%), particularly due to energy and engineered goods.
*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: sharp fall
In October 2017, energy consumption diminished (−6.1% after +3.3% in September). On the one hand, expenses on gas and electricity shrank, as a result of higher temperatures than the seasonal norm. On the other hand, consumption of refined products, especially gasoline and diesel, dropped after rising sharply in September (−8.0% after +5.3%).
graphiqueGraph2 – Breakdown of energy
Engineered goods: pronounced downturn
In October 2017, purchases of engineered goods contracted (−1.7%), after a three-month rise. In particular, spending on household durables and textile-clothing diminished substantially.
Durables: strong fall
In October, purchases of durables were down (−1.1%) after growing slightly for five consecutive months. Expenditure on household durables other than cars contracted sharply (−3.0% after +1.4%), especially on audiovisual equipment, despite the upswing in communication equipment (smartphones).
Furthermore, purchases of transport equipments declined again (−0.3% after −0.2%). In particular, motorhome and caravan purchases experienced a downturn.
Textile-clothing: sharp fall
In October, expenses on textile-clothing fell sharply (−5.2%), after a three-month rise. In particular, footwear purchases decreased strongly.
Other engineered goods: almost stable
In October, expenditure on “other engineered goods” was almost unchanged (−0.1% after −0.3% in September). Consumption of personal care and perfume products decreased again.
graphiqueGraph3 – Breakdown of engineered goods
Food products: moderate decline
In October 2017, purchases of food products diminished (−0.3%), after a steep rebound in September (+0.8%). The consumption of unprocessed agricultural goods (fruits and vegetables) fell markedly, while spending on agrifood products was stable. Tobacco consumption increased again after a three-month decline.
graphiqueGraph4 – Food products, engineered goods and energy
The variation in September 2017 is slightly revised upwards
Compared to the previous estimate, the variation in household expenditure on goods in September 2017 is slightly revised upwards: +1.0% instead of +0.9%. 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) | Aug. 2017 | Sep. 2017 | Oct. 2017 | Oct. 17 / Oct. 16 | Q / Q-1 (2) | |
---|---|---|---|---|---|---|
Food products | 38 | –1.1 | 0.8 | –0.3 | –0.1 | –0.6 |
- excl. Tobacco | 35 | –1.2 | 0.9 | –0.4 | 0.0 | –0.6 |
Engineered goods | 45 | 0.2 | 0.2 | –1.7 | 0.7 | 0.4 |
- Durables | 22 | 0.0 | 0.4 | –1.1 | 2.7 | 0.6 |
Including : | ||||||
- Transport equipment | 12 | 0.9 | –0.2 | –0.3 | 2.8 | 0.3 |
- Household durables | 7 | –1.5 | 1.4 | –3.0 | 3.6 | 0.8 |
- Textile-clothing | 9 | 0.4 | 0.7 | –5.2 | –4.1 | –0.2 |
- Other engineered goods | 13 | 0.3 | –0.3 | –0.1 | 0.7 | 0.4 |
Energy | 17 | 0.4 | 3.3 | –6.1 | –4.9 | 0.2 |
- Energy, water, waste | 10 | 0.5 | 1.9 | –4.6 | –5.8 | 0.5 |
- Refined Products | 7 | 0.3 | 5.3 | –8.0 | –3.7 | –0.2 |
Total | 100 | –0.3 | 1.0 | –1.9 | –0.6 | 0.0 |
- Including Manufactured goods | 84 | –0.3 | 0.9 | –1.6 | 0.2 | 0.0 |
- (1) Weighting in the consumption expenditure on goods in value in 2016
- (2) Last three months / previous three months
Documentation
Methodology (pdf,23 Ko)