- Analytics
- News and Tools
- Market News
- French consumer spending rose slightly in November
French consumer spending rose slightly in November
National Institute of Statistics and Economic Studies (INSEE) said, in November 2019, household consumption expenditure on goods slowed down slightly (+0.1% in volume, after +0.2% in October). Economists had expected a 0.3% increase.
In November, food consumption fell sharply (-0.8% after +0.8%) due to the decline in tobacco consumption, due to the rise in prices this month, and the sharp decline in processed agri-food consumption. Energy consumption rebounded (+1.2% in November after -1.5%), due to the increase in gas and electricity consumption. Manufactured good consumption rose again (+0.5% in November after +0.5%). Purchases of durable goods slowed down (+0.6% after +1.1%). On the other hand, spending on clothing and textiles rebounded (+0.5% after -0.5%) and consumption of other manufactured goods increased again (+0.2% after +0.0%). In November, durable good expenditure slowed down but remained lifted by the consumption of transport equipment (+0.9% after +2.1%), particularly second-hand cars purchases. On the other hand, household durable goods consumption fell (-0.4% after +0.5%).
© 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.
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.
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
