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Household consumption of goods fell back in August 2023 (-0.5%)

From insee.fr

In August 2023, household consumption expenditures in goods decreased over a month (-0.5% in volume* after +0.4% in July 2023–revised data). They fell for the three main types of goods: engineered goods (-0.5%), food (-0.5%) and energy (-0.6%). {chart} Engineered goods: downturn In August 2023, household consumption of manufactured goods fell back (-0.5% after a 1.7% increase in July 2023–revised data). Durable goods: stability In August 2023, consumption of durable goods was stable as a whole. The rise in purchases of transport equipment (+2.5%), especially new vehicles and demo vehicles, was counterbalanced by the ... (full story)

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