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.

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France Household Consumption MoM

Actual Previous Highest Lowest Dates Unit Frequency
-1.10 0.30 37.20 -18.70 1980 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 06:30 AM Dec 23% -18.0% 19% 14.5%
2021-02-26 07:45 AM Jan -4.6% 22.4% -3.5% -4.6%
2021-03-31 06:45 AM Feb 0% -4.9% 2% 3.7%
2021-04-30 05:30 AM Mar -1.1% 0.3% 0.4% 0.3%
2021-05-28 06:45 AM Apr -1.1%
2021-06-30 06:45 AM May
2021-07-30 06:45 AM Jun
2021-08-27 06:45 AM Jul


News Stream
French Household Consumption Falls Unexpectedly
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.
2021-04-30
French Household Consumption Unexpectedly Stalls
Household spending in France was stable month-over-month in February of 2021, following an upwardly revised 4.9 percent decline in January and missing market expectations of a 2 percent rise. Expenditure on energy dropped (-3.1 percent), amid lower gas and electricity consumption (-3.5 percent), as temperatures were milder at the end of the month, after a relatively cold January. Also, food consumption decreased (-2.2 percent). Meanwhile, manufactured goods purchases rebounded (3.4 percent vs -13.2 percent in January), namely those of durable goods (2.3 percent vs -10.3 percent) and clothing and textiles (15.8 percent vs -28 percent), linked to the postponement and then extension of the winter sales period amid Covid-19 restrictions.
2021-03-31
France Household Consumption Sinks More than Expected
Household spending in France sank 4.6 percent month-over-month in January of 2021, following a downwardly revised 22.4 percent surge in December and worse than market forecasts of a 3.5 percent drop. The decline in January is mainly due to a drop in consumption of manufactured goods (-12.9 percent). After a particularly dynamic December with the reopening of all stores and the postponement of "Black Friday", the backlash in January was undoubtedly amplified by the postponement of sales and the strengthening of the curfew. On the other hand, spending on energy (6.3 percent) and food (1.7 percent) increased.
2021-02-26
France Household Consumption Rises the Most in 7 Months
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.
2021-01-29

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.