Household consumption expenditure on goods in France dropped 1.1 percent from a month earlier in March 2021, following a 0.3 percent advance in February and missing market expectations of 0.4 percent growth. There was a sharp drop in manufactured goods purchases, due to the implementation of lockdown measures and closures of "non-essential" stores in 19 departments and the aftershock of the postponement of February sales. Conversely, energy spending bounced back as did food consumption. Over the first quarter of 2021, household consumption on goods rose 1.2 percent, recovering from a 4.1 percent slump in the previous period and remaining 1.5 percent below to its fourth quarter 2019 level. source: INSEE, France
Personal Spending in France averaged 0.14 percent from 1980 until 2021, reaching an all time high of 37.20 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 May of 2021.
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 0.70 percent in 2022 and 0.50 percent in 2023, according to our econometric models.