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France Sees Decrease in Consumer Spending in October

In October 2024, people in France spent 0.4% less than in September, when spending had increased by 0.1%. This drop happened mainly because individuals bought fewer manufactured items like clothes, textiles, and long-lasting goods, leading to a 1.3% decrease in this category after a 1.6% increase the month before.

France Sees Decrease in Consumer Spending in October
France Personal Spending

Energy use also declined by 1.2%, following a 0.3% decline in September. This was mostly due to households using less electricity and gas.

On a positive note, spending on food increased by 1.2%, bouncing back from a 1.4% decrease the previous month. This rise was mainly due to more purchases of agricultural food products, especially those classified as “other food products.”

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