France's household consumption expenditure on goods edged up 0.1 percent from a month earlier in November 2019, following a 0.2 percent increase in the previous month and missing market expectations of a 0.3 percent gain. Spending advanced for manufactured goods (0.5 percent, the same pace as in October) and energy (1.2 percent vs -1.5 percent) while food product purchases decreased (-0.8 percent vs 0.8 percent). Personal Spending in France averaged 0.12 percent from 1980 until 2019, reaching an all time high of 5 percent in June of 1995 and a record low of -5.20 percent in July of 1995. source: INSEE, France

Personal Spending in France is expected to be 0.70 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 0.60 in 12 months time. In the long-term, the France Household Consumption MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.

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France Household Consumption MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.20 5.00 -5.20 1980 - 2019 percent Monthly
SA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-27 06:45 AM Aug 0% 0.4% 0.3% 0.1%
2019-10-30 07:45 AM Sep -0.4% 0.1% 0.1% 0.1%
2019-11-29 07:45 AM Oct 0.2% -0.3% 0.3% 0.5%
2019-12-20 07:45 AM Nov 0.1% 0.2% 0.3% 0.6%
2020-01-31 07:45 AM Dec 0.1% 0.7%


News Stream
2019-11-29
French Household Consumption Rises Less than Forecast
France's household consumption expenditure on goods increased 0.2 percent from a month earlier in October 2019, following a revised 0.3 percent fall in the previous month and missing market expectations of a 0.3 percent advance. Manufactured good spending bounced back (0.3 percent vs -1.2 percent) and food product purchases accelerated (0.8 percent vs 0.6 percent), while energy consumption decreased (-1.5 percent vs 0.2 percent).

2019-10-30
French Household Consumption Unexpectedly Falls
Household consumption expenditure on goods in France fell 0.4 percent month-over-month in September 2019, after an upwardly revised 0.1 percent gain in August and missing market expectations of a 0.1 percent rise. It was the largest decline in household consumption since February, mainly due to the downturn in manufactured good spending (-1.3 percent from 1.3 percent in August). Meanwhile, food purchases rebounded (0.5 percent from -0.8 percent) and energy consumption dropped at a softer pace (-0.1 percent from -0.9 percent). Considering the third quarter as a whole, household expenditure on goods went up 0.4 percent compared to the previous period.

2019-09-27
French Household Consumption Flat in August
Household consumption expenditure on goods in France was unchanged in August 2019, following a 0.4 percent growth in the previous month and missing market expectations of a 0.3 percent advance. The increase in manufactured good spending (1.1 percent vs 0.6 percent in July) was offset by a drop in food purchases (-0.9 percent vs 0.4 percent) and energy consumption (-1.3 percent vs 0.2 percent).

2019-08-29
French Household Consumption Rebounds
Household consumption expenditure on goods in France rose 0.4 percent from a month earlier in July 2019, recovering from a revised 0.2 percent contraction in June and slightly beating market expectations of 0.3 percent gain. Manufactured good consumption increased for the third consecutive month (0.6 percent vs 0.5 percent in June), driven in particular by durable good purchases (1.6 percent vs 0.5 percent) while clothing consumption dropped (-1.2 percent vs 0.7 percent). In addition, food consumption rebounded slightly (0.3 percent vs -1.3 percent) due to the consumption of processed agri-food products; and energy consumption increased slightly for the second month in a row (0.3 percent vs 0.4 percent).

2019-07-30
French Household Consumption Unexpectedly Falls
Household consumption expenditure on goods in France fell 0.1 percent from a month earlier in June 2019, following a downwardly revised 0.3 percent gain in the previous month and missing market expectations of a 0.2 percent rise. Food consumption dropped 1.1 percent after increasing 0.2 percent in May, mainly due to a decline in both agricultural goods and processed agri-food products. Meanwhile, energy consumption rose (0.2 percent vs a flat reading) driven by a rebound in refined products; and manufactured good purchases advanced further (0.7 percent vs 0.5 percent) boosted by durable good purchases, textile-clothing and other manufactured good.

2019-06-28
French Household Consumption Rises in May
Household consumption expenditure on goods in France increased 0.4 percent from a month earlier in May 2019, following a downwardly revised 0.3 percent growth in April and beating market expectations of 0.2 percent. Energy consumption rose slightly (0.6 percent vs 3.3 percent in April) boosted by gas and electricity consumption; while manufactured good purchases rebounded (0.6 percent vs -1.5 percent) driven by durable good purchases, textile-clothing consumption as well as other manufactured good consumption. On the other hand, food consumption was flat, as the increase in fresh product consumption offset the decline in agri-food product purchases.


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.

France Consumer Last Previous Highest Lowest Unit
Consumer Confidence 102.00 105.00 131.00 79.00 points [+]
Retail Sales MoM 1.10 0.10 3.60 -6.10 percent [+]
Retail Sales YoY 2.60 1.60 9.50 -9.00 percent [+]
Consumer Spending 312820.00 311674.00 312820.00 38586.00 EUR Million [+]
Disposable Personal Income 367412.00 364658.00 367412.00 2496.00 EUR Million [+]
Personal Savings 14.78 14.60 21.82 10.32 percent [+]
Households Debt To GDP 60.60 60.20 60.60 18.60 percent of GDP [+]
Households Debt To Income 95.88 93.29 95.88 54.15 percent [+]
Personal Spending 0.10 0.20 5.00 -5.20 percent [+]
Bank Lending Rate 1.71 1.74 6.29 1.67 percent [+]
Consumer Credit 1472844.00 1467870.00 1472844.00 383474.00 EUR Million [+]
Gasoline Prices 1.77 1.72 2.09 0.99 USD/Liter [+]
Consumer Confidence Current Conditions -38.59 -38.75 29.12 -80.60 [+]
Consumer Confidence Economic Expectations -9.53 0.59 20.00 -65.55 [+]
Consumer Confidence Financial Expectations -9.49 -3.07 16.00 -30.03 [+]
Consumer Confidence Major Purchases Expectations -0.88 -0.96 35.00 -41.52 [+]
Consumer Confidence Price Trends -31.94 -40.55 33.57 -61.10 [+]
Consumer Confidence Savings Expectations 9.26 7.22 39.03 -38.00 [+]
Consumer Confidence Unemployment Expectations 8.36 5.73 84.57 -40.27 [+]