Market news
21.12.2018, 08:20

In November 2018, French household expenditure on goods declined by 0.3%, after an increase in October (+0.9%)

This decline was particularly explained by the decrease in food consumption (−0.5%) and engineered goods purchases (−0.6%). Energy consumption slowed down (+0.7% after +1.5% in October).

In November, spending on engineered goods decreased (−0.6%), after being relatively dynamic in October (+0.8%). In particular, purchases of durable goods fell sharply, while purchases of clothing and other manufactured goods decreased slightly.

Consumption of durable goods declined strongly in November (−1.1%, after +1.0%). This decrease was mainly due to the drop in transport equipment purchases (−1.4% after +1.0%). In particular, sales of demonstration vehicles fell sharply.


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