• French household consumption expenditure on goods increased again

Market news

23 December 2016

French household consumption expenditure on goods increased again

In November 2016, household consumption expenditure on goods increased again in volume: +0.4% after +0.8%. In particular, car purchases picked up and expenses on energy rose once more, though at a more moderate pace than in October.

Energy consumption grew again (+1.4%), but less vigorously than in October (+3.6%). Spending on gas and electricity kept on rising, due to temperatures still lower than seasonal norms. Refined product consumption slowed down but remained dynamic (+1.7% after 2.7%), driven by expenses on fuel.

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