Market news
29.08.2019, 07:00

France: household consumption expenditure on goods rebounded in July

According to the report from Insee, in July 2019, household consumption expenditure on goods rebounded in volume* (+0.4% after –0.2%). This increase was mainly due to the consumption of manufactured goods (+0.6%). Food consumption recovered a little in July.

In July, manufactured good consumption increased for the third consecutive month (+0.6%), driven in particular by durable good purchases (+1.6%) and despite the decline in clothing consumption (–1.2%).

In July, the consumption of durable manufactured goods accelerated (+1.6% after +0.5%), driven by the dynamism of transport equipment sales (+1.4%) and housing equipment expenditure (+1.9%). In particular, the purchases of second-hand and recreational vehicles rebounded significantly compared to the previous month.

Textile-clothing expenditure fell in July (–1.2% after +0.7%). Indeed, both clothing and shoe consumption declined after two consecutive months of increase.

In July, the consumption of "other manufactured goods" increased slightly (+0.1%), driven by an increase in perfume purchases.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location