France's household consumption expenditure on goods jumped 36.6 percent from a month earlier in May 2020, recovering from a record 19.1 percent slump in April and beating market expectations of a 30 percent growth. That was the largest increase in consumption since comparable records began in 1980 as the economy reopened following weeks of lockdown. Still, household consumption was 7.2 percent below its February level.

Personal Spending in France averaged 0.12 percent from 1980 until 2020, reaching an all time high of 36.60 percent in May of 2020 and a record low of -19.10 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 July of 2020. source: INSEE, France

Personal Spending in France is expected to be 3.20 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 1.00 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
36.60 -19.10 36.60 -19.10 1980 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-31 06:45 AM Feb -0.1% -1.2% 0.7% 0.3%
2020-04-30 06:45 AM Mar -17.9% -0.5% -5.5% -7.9%
2020-05-29 06:45 AM Apr -20.2% -16.9% -15% -14.8%
2020-06-30 06:45 AM May 36.6% -19.1% 30% 22%
2020-07-31 06:45 AM Jun 36.6% 3.2%
2020-08-28 06:45 AM Jul
2020-09-28 06:45 AM Aug
2020-10-30 07:45 AM Sep -1.8%


News Stream
French Household Spending Rises at Record Pace
France's household consumption expenditure on goods jumped 36.6 percent from a month earlier in May 2020, recovering from a record 19.1 percent slump in April and beating market expectations of a 30 percent growth. That was the largest increase in consumption since comparable records began in 1980 as the economy reopened following weeks of lockdown. Still, household consumption was 7.2 percent below its February level.
2020-06-30
France Household Spending Tumbles at Record Pace
Household consumption of goods in France plunged at a record 202.2 percent from a month earlier in April of 2020, worse than forecasts of a 15 percent decline, as the country continued under restrictive measures during the whole month of April in an attempt to control the coronavirus spread. It follows a downwardly revised 16.9 percent drop in March. Biggest declines were seen in spending on durable goods (-39.2 percent) namely clothing (-67.4 percent), refined energy products (-42.4 percent) and food (-5.4 percent).
2020-05-29
French Private Consumption Falls Most on Record
Household consumption expenditure on goods in France tumbled 17.9 percent from a month earlier in March 2020, the largest decline since the series began in 1980, due to the implementation of lockdown measures from mid-March onwards as the Covid-19 pandemic hit the economy. Manufactured good consumption dropped sharply (-42.3 percent vs -0.6 percent) and energy expenditure decreased markedly (-11.4 percent vs -0.9 percent). Only food consumption increased (7.8 percent vs -0.1 percent).
2020-04-30
French Household Consumption Falls Unexpectedly
Household consumption expenditure on goods in France decreased by 0.1 percent from a month earlier in February 2020, following a revised 1.2 percent drop in January and missing market expectations of a 0.7 percent growth. Energy expenditure fell for a third consecutive month (-0.9 percent vs -0.1 percent in January) and food consumption was unchanged (vs 0.3 percent in January). Meanwhile, spending on manufactured goods rebounded (0.2 percent vs -2.8 percent), driven by durable good purchases (1.4 percent vs -5.0 percent).
2020-03-31

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.