War and Prices Economic outlook - June 2022

Conjoncture in France
Paru le :Paru le29/06/2022
Conjoncture in France- June 2022
Consulter

Household consumption and investment

In Q1 2022, household consumption fell back sharply (–1.5% compared to previous quarter), dropping below its prehealth crisis level (level in Q4 2019). The deterioration in the health situation and the use of teleworking in January affected spending on accommodation and catering particularly badly, as well as spending on fuel and clothing. In February and March, consumption certainly picked up as far as services were concerned, but the continuing rise in inflation aff ected spending on food and also on fuel. Lastly, purchases of vehicles and also spending on transport services remained well below their pre-crisis level...

Conjoncture in France

Paru le :06/07/2022