French Household Consumption Expenditure Declines in August: INSEE Data

2023-09-29 19:13:43

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(Archyde.com) – French household consumption expenditure on goods fell by 0.5% in August, ​​following an increase of 0.4% (revised) in July, according to data published on Friday by INSEE.

Household consumption expenditure is decreasing for the three main types of goods: manufactured goods (-0.5%), food (-0.5%) and energy (-0.6%), says l ‘Insee.

Economists polled by Archyde.com had on average expected a drop of 0.5% last month.

(Written by Diana Mandiá and Olivier Cherfan)

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