22 December 2017
2017- n° 345Household consumption expenditure on goods bounced back in November (+2.2%) Household consumption expenditure on goods - November 2017
In November 2017, household expenditure on goods bounced back by 2.2% in volume*, after −2.1% in October. Energy consumption increased strongly, enhanced by average temperatures lower than usual (in contrast with October). Textile-clothing purchases bounced back also, as well as food consumption. Only transport equipment purchases declined.
In November 2017, household expenditure on goods bounced back by 2.2% in volume*, after −2.1% in October. Energy consumption increased strongly, enhanced by average temperatures lower than usual (in contrast with October). Textile-clothing purchases bounced back also, as well as food consumption. Only transport equipment purchases declined.
graphiqueGraph1 – Total consumption of goods
- Source: INSEE
*Volumes are measured at chain-link previous year prices (2010 euro billions) and all figures are trading-day and seasonally adjusted.
Energy: upturn
In November 2017, energy consumption bounced back (+7.6% after −7.4%). Heat expenses increased strongly, due to average temperatures lower than the seasonal norm, in contrast with the mild temperatures of October. Refined products consumption increased, mainly driven by fuels purchases.
graphiqueGraph2 – Breakdown of energy
- Source: INSEE
Engineered goods: on the rise
In November 2017, purchases of engineered goods rebounded (+1.5% after −1.7%). They were mainly sustained by textile-clothing consumption.
Durables: slight rebound
In November, consumption of durables recovered (+0.4% after −0.9%). Expenses on household durables rose again, notably driven by purchases of audiovisual devices and furnitures.
However, transport equipment purchases diminished for the third consecutive month. In November, second-hand car purchases fell sharply.
Textile-clothing: bouncing back
In November, expenses on textile-clothing bounced back (+5.7% after a strong fall of 6.2% in October). Purchases of clothing and shoes contributed to most of this growth, while textile expenses increased more moderately.
Other engineered goods: slight growth
In November, expenditure on “other engineered goods” accelerated slightly. Among them, expenses on hardware were relatively dynamic.
graphiqueGraph3 – Breakdown of engineered goods
- Source: INSEE
Food products: rebound
In November 2017, food consumption increased (+0.7% after −0.2%). Consumption of unprocessed agricultural goods (fruits and vegetables) as well as transformed products consumption were ont the rise. In particular, meat products purchases were dynamic. Only tobacco consumption decreased.
graphiqueGraph4 – Food products, engineered goods and energy
- Source: INSEE
The variation in October 2017 is revised downwards
Compared to the previous estimate, the fall in household expenditure on goods in October 2017 is slightly amplified: −2.1% instead of −1.9%. New information has been integrated indeed and the seasonal adjustment coefficients have been updated.
tableauTable – Household consumption expenditure on goods
| Weight (1) | Sep. 2017 | Oct. 2017 | Nov. 2017 | Nov. 17 / Nov. 16 | Q / Q-1 (2) | |
|---|---|---|---|---|---|---|
| Food products | 38 | 0.8 | –0.2 | 0.7 | 1.3 | 0.3 |
| - excl. Tobacco | 35 | 0.9 | –0.3 | 0.9 | 1.4 | 0.4 |
| Engineered goods | 45 | 0.4 | –1.7 | 1.5 | 1.9 | 0.2 |
| - Durables | 22 | 0.3 | –0.9 | 0.4 | 1.8 | 0.1 |
| Including : | ||||||
| - Transport equipment | 12 | –0.2 | –0.2 | –0.5 | 0.3 | –0.2 |
| - Household durables | 7 | 1.3 | –2.6 | 1.6 | 4.7 | 0.4 |
| - Textile-clothing | 9 | 1.2 | –6.2 | 5.7 | 3.1 | 0.2 |
| - Other engineered goods | 13 | –0.2 | 0.0 | 0.5 | 1.2 | 0.3 |
| Energy | 17 | 3.3 | –7.4 | 7.6 | –0.8 | 0.8 |
| - Energy, water, waste | 10 | 1.9 | –6.7 | 10.4 | –0.8 | 1.2 |
| - Refined Products | 7 | 5.3 | –8.2 | 3.8 | –0.9 | 0.2 |
| Total | 100 | 1.0 | –2.1 | 2.2 | 1.2 | 0.3 |
| - Including Manufactured goods | 84 | 1.0 | –1.7 | 1.4 | 1.6 | 0.4 |
- (1) Weighting in the consumption expenditure on goods in value in 2016
- (2) Last three months / previous three months
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