Household spending in France unexpectedly rose 0.2 percent from a month earlier in June of 2022, following a downwardly revised 0.4 percent rise in the previous month, compared to market expectations of a 0.6% drop, due to a rebound in spending of energy (3.1 percent vs -2.7 percent). Meanwhile, spending on both food products (-0.3 percent vs 0.1 percent) and manufactured goods (-0.7 percent vs 2.1 percent) declined. For the second quarter of 2022 as a whole, household consumption of goods dropped by 1.3 percent. source: INSEE, France
Personal Spending in France averaged 0.14 percent from 1980 until 2022, reaching an all time high of 35.30 percent in May of 2020 and a record low of -18.90 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 August of 2022.
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. In the long-term, the France Household Consumption MoM is projected to trend around 0.70 percent in 2023 and 0.50 percent in 2024, according to our econometric models.