Recovery is long overdue Economic Outlook - March 2024
Household consumption and investment
After a fairly substantial increase in Q3 2023 (+0.5%), household consumption came to a standstill at the end of the year (0.0% in Q4 2023). Purchases of goods again fell dramatically (-0.6% in Q4 after +0.6% in Q3), especially food consumption (-1.1%), which had experienced a slight rebound in the summer after six consecutive quarters in decline. In addition, spending on electricity and gas fell back sharply (-3.3%): on the one hand, the weather at the beginning of autumn was mild, and on the other hand, households had maintained a degree of austerity behaviour, although less so than the previous year...
Conjoncture in France
Paru le :26/03/2024