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30.09.202607:12:00UTC+00France Household Spending Unexpectedly Falls

Household consumption of goods in France declined by 0.5% in August 2026, surprising markets that had expected no change and reversing a downwardly revised 0.4% increase in July. This was the first monthly drop since April and was largely driven by a 2.3% fall in energy spending, following a 0.9% rise in the previous month, as households curtailed fuel consumption in response to further price increases. Food consumption also decreased, slipping 0.4% after a 0.2% gain in July. Expenditure on manufactured goods edged down 0.3%, following a 0.4% rise, pressured mainly by weaker purchases of durable goods (0.3% vs 0.4% previously) and of clothing and textiles (0.3% vs 0.6%). On a year-on-year basis, however, household consumption was still up 0.8% in August.

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