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. source: INSEE, France

Personal Spending in France averaged 0.14 percent from 1980 until 2021, reaching an all time high of 36.50 percent in May of 2020 and a record low of -18.40 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 March of 2021.

Personal Spending in France is expected to be 1.00 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 0.60 in 12 months time. In the long-term, the France Household Consumption MoM is projected to trend around 0.60 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
-4.60 22.40 36.50 -18.40 1980 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-27 07:45 AM Oct 3.7% -4.4% 2.9% -2%
2021-01-08 07:45 AM Nov -18.9% 3.9% -15.1% -12.6%
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 -4.6%
2021-04-30 06:45 AM Mar
2021-05-28 06:45 AM Apr
2021-06-30 06:45 AM May


News Stream
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
French Household Consumption Falls Most on Record
France's household consumption expenditure on goods tumbled 18.9 percent from a month earlier in November 2020, following an upwardly revised 3.9 percent increase in October and compared with market consensus of a 15.1 percent slump. This decrease was mainly explained by the implementation of lockdown measures from October 28th; it was particularly marked for purchases of manufactured goods (-30.1 percent) and energy expenditure (-19.2 percent). Food consumption also fell (-5.8 percent).
2021-01-08
French Household Consumption Rises More than Forecast
France's household consumption expenditure on goods jumped 3.7 percent from the previous month in October 2020, partially recovering from a revised 4.4 percent slump in September and easily beating market consensus of 2.9 percent. This increase was driven by a sharp rise in food consumption (7.1 percent) and energy expenditure (6.4 percent). Manufactured good purchases were almost stable (-0.1 percent).
2020-11-27

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.