- Analytics
- News and Tools
- Market News
- France: household consumption expenditure on goods dropped sharply in March
France: household consumption expenditure on goods dropped sharply in March
National Institute of Statistics and Economic Studies (INSEE) said, in March 2020, household consumption expenditure on goods dropped by 17.9% in volume. It is the strongest decrease ever recorded in a month since the beginning of the time series in 1980. Economists had expected a 5.5% decrease.
Manufactured good consumption dropped sharply (-42.3% after -0.6%) and energy expenditure decreased markedly (-11.4% after -0.9%). Only food consumption increased (+7.8% after -0.1%). The fall in household consumption in March 2020 was essentially due to the implementation of lockdown measures from mid-March onwards.
Over the whole first quarter of 2020, household expenditure on goods fell markedly (-7.3%).
© 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
