France's household consumption expenditure on goods surged 23 percent from a month earlier in December 2020, the most since May, rebounding sharply from a downwardly revised 18 percent slump in November and far beating market consensus of a 19 percent. This rebound was mainly driven by manufactured goods consumption (9.8 percent) and to a lesser extent by food consumption (0.7 percent). Meanwhile, energy expenditure was down by 5.1 percent. source: INSEE, France
Personal Spending in France averaged 0.15 percent from 1980 until 2020, reaching an all time high of 37.40 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 February of 2021.
Personal Spending in France is expected to be 1.00 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 0.60 percent in 2022 and 0.50 percent in 2023, according to our econometric models.