France's household consumption expenditure on goods jumped 3.7 percent from the previous month in October 2020, partially recovering from a revised 4.4 percent slump in September and easily beating market consensus of 2.9 percent. This increase was driven by a sharp rise in food consumption (7.1 percent) and energy expenditure (6.4 percent). Manufactured good purchases were almost stable (-0.1 percent). source: INSEE, France

Personal Spending in France averaged 0.14 percent from 1980 until 2020, reaching an all time high of 37.50 percent in May of 2020 and a record low of -18.70 percent in April of 2020. This page provides - France Household Consumption- actual values, historical data, forecast, chart, statistics, economic calendar and news. France Household Consumption MoM - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Personal Spending in France is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Spending in France to stand at -1.20 in 12 months time. In the long-term, the France Household Consumption MoM is projected to trend around 0.60 percent in 2021 and 0.50 percent in 2022, according to our econometric models.

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France Household Consumption MoM

Actual Previous Highest Lowest Dates Unit Frequency
3.70 -4.40 37.50 -18.70 1980 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-28 06:45 AM Jul 0.5% 10.3% 2% 2.5%
2020-09-30 06:45 AM Aug 2.3% -0.9% -0.2% -0.3%
2020-10-30 06:30 AM Sep -5.1% 2.2% -1% -0.7%
2020-11-27 07:45 AM Oct 3.7% -4.4% 2.9% -2%
2021-01-08 07:45 AM Nov 3.7%
2021-01-29 07:45 AM Dec
2021-02-26 07:45 AM Jan
2021-03-31 06:45 AM Feb


News Stream
French Household Consumption Rises More than Forecast
France's household consumption expenditure on goods jumped 3.7 percent from the previous month in October 2020, partially recovering from a revised 4.4 percent slump in September and easily beating market consensus of 2.9 percent. This increase was driven by a sharp rise in food consumption (7.1 percent) and energy expenditure (6.4 percent). Manufactured good purchases were almost stable (-0.1 percent).
2020-11-27
France Household Consumption Falls the Most since April
French household consumption on goods tumbled 5.1 percent month-over-month in September 2020, the most since a record slump in April and compared with market expectations of a 1.0 percent fall. Also, consumption of goods was back below its February level (-0.5 percent) for the first time since May, due to a significant drop in purchases of manufactured goods (-6.8 percent), food products (-4.8 percent), and energy expenditure (-0.9 percent). Considering the third quarter, household consumption on goods bounced back markedly (16.4 percent vs -7.1 percent in Q2).
2020-10-30
France Household Consumption Bounces Back
Household consumption expenditure on goods in France increased 2.3 percent month-over-month in August of 2020, following a 0.9 percent fall in July and beating market expectations of a 0.2 percent fall. The rebound was mainly due to purchases of food (2.4 percent) and manufactured goods (3.6 percent), as the summer sales period was postponed due to the coronavirus lockdown earlier in the year. In contrast, consumption of energy declined 1.3 percent.
2020-09-30
France Household Spending Slows Sharply in July
French household consumption expenditure on goods increased 0.5 percent month-over-month in July of 2020, after an upwardly revised 10.3 percent jump in the previous month and well below market forecasts of a 2 percent rise. In July, household spending on goods is almost back to its November 2019 level. Energy spending increased quite sharply (4.5 percent) while consumption of manufactured goods slowed down after going back to its normal level in June (0.3 percent) and food consumption decreased (–1 percent).
2020-08-28

France Household Consumption MoM
In France, household consumption refers to household expenditure on goods only, providing a short-term information of household consumption behavior relevant for economic analysis. Household consumption expenditure on goods accounted in 2010 for nearly 95 percent of total effective consumption in current euros and accounted for 50 percent of household consumption expenditure on goods and services.