Post a Comment Print Share on Facebook

French household consumption increased by 0.4% in March over one month

French household consumption increased by 0.

- 2 reads.

French household consumption increased by 0.4% in March over one month

French household consumption increased by 0.4% in March compared to February, driven by purchases of manufactured goods (0.8%) and purchases of food goods (0.5%), according to INSEE. The increase in purchases of manufactured goods is mainly due to the increase in consumption of durable goods (1%), particularly purchases of new cars, which had fallen sharply in January.

Clothing and textile spending rebounded (1.3% after -0.5% in February), mainly due to an increase in spending on clothing, as well as, to a lesser extent, on shoes and leather. The increase in food expenditure continued to rise for the third month in a row (0.5% after 0.7% and 0.4% in February and January), driven mainly by various food products such as chocolate and confectionery, beverages and canned fish and other processed fish. Conversely, energy expenditure decreased by 0.6%, driven by a drop in electricity consumption. Gas consumption and fuel purchases are up slightly.

Over the first quarter as a whole, household consumption increased by 0.1% compared to the previous quarter. In February, household consumption increased slightly, by 0.1%, adds INSEE, which had previously announced stagnation for this month.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.