Household consumption in France rose by 1.0 percent in August over the previous month, rebounding from a 2.4 percent drop in July and beating market expectations of a 0.1 percent gain. Main upward pressure came from a rebound in food consumption (3.1 percent vs -3.3 percent in July), despite a decrease in tobacco consumption; and from energy consumption (0.6 percent vs 0.7 percent), notably from purchases of fuel, which has exceeded pre-pandemic levels in July. On the other hand, consumption of manufactured goods continued to decline, although at a slower pace (-0.6 percent vs -2.8 percent), weighed down by textile-clothing (-1.5 percent vs -7.9 percent), other manufactured products (-0.7 percent, the same as in July), and durable articles (-0.2 percent vs -1.9 percent). source: INSEE, France
Personal Spending in France averaged 0.14 percent from 1980 until 2021, reaching an all time high of 35.50 percent in May of 2020 and a record low of -18.80 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 October of 2021.
Personal Spending in France is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Household Consumption MoM is projected to trend around 0.70 percent in 2022 and 0.50 percent in 2023, according to our econometric models.