Household consumption fell in September
Household consumption of goods fell by 0.5% in September for the second consecutive month, due in particular to a drop in food spending and spending on manufactured goods.
Household consumption of goods fell for the second consecutive month in September. But its progression over the quarter made it possible to attenuate the decline in gross domestic product (GDP) over the period, according to data published this Friday by INSEE. As in August, this drop amounts to 0.5% in September, notably due to a decline in food spending and spending on manufactured goods.
Up over the quarter Over the third quarter as a whole, consumption of goods by households increased by 0.4% after an increase of 0.2% in the previous quarter. It is, among other things, driven by energy expenditure (+ 1.2%). Food consumption remained stable.
Total household consumption, which covers purchases of goods and services, is the traditional driving force of the French economy.
Machine-translated from French
Why it is marked verified
2 independent newsrooms report this story. 20 Minutes published it first, 39 min before the last one.
- 20 Minutes30 Oct, 08:32
- Le Figaro30 Oct, 09:11
| Publisher 20 Minutes (general tier) | +72 |
| Checkable figures cited | +3 |
| Detailed summary | +2 |
| Carried by 2 newsrooms | +5 |
| Total | 82 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.