• French household expenditure on goods was almost unchanged in June

Market news

27 July 2018

French household expenditure on goods was almost unchanged in June

In June 2018, household expenditure on goods was almost unchanged: +0.1% in volume. Apart from household durables purchases, which were relatively dynamic, consumption was sluggish. Over the quarter, household consumption on goods decreased for the the third consecutive quarter (−0.3% after −0.1% in first quarter 2018 as well as in fourth quarter 2017).

In June, food consumption was stable. Over the second quarter, it decreased by −1.3%, with a strong decline in tobacco spending and, to a lesser extent, in meat and meat product purchases.

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