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Household consumption of goods rose slightly in December 2023 (+0.3%)

From insee.fr

In December 2023, household consumption expenditure on goods increased again over a month (+0.3% in volume* after +0.6% in November 2023 – revised data). In particular, spending on energy (+1.7%) and purchases of manufactured goods (+0.6%) were up. By contrast, food consumption declined (-0.7%). For the fourth quarter of 2023 as a whole, household consumption of goods fell back (-0.6% after +0.6% for the third quarter of 2023).In December 2023, household spending on energy accelerated (+1.7% after +1.0% in November 2023 – revised data), driven mainly by fuel purchases, both gasoline and diesel. For the fourth quarter ... (full story)

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