The Limited Times

Now you can see non-English news...

Household consumption rebounded 1.5% in January

2023-02-28T09:04:47.722Z


The consumption of food products notably increased by 0.6%, and energy consumption by 4%, "in reaction to the energy check", explains INSEE.


Despite inflation, household consumption rebounded in January, INSEE said on Tuesday morning.

It "

increased markedly over one month

", specifies the national statistics institute, at +1.5% in volume after -1.6% in December 2022.

A rebound which "

is mainly explained by the sharp increase in energy consumption

", notes INSEE (+4% after -0.8% in December 2022), which concerns both electricity, gas and fuels.

With regard to expenditure on electricity and gas, the increase is an exceptional "

backlash from the

energy check

" paid to 12 million households between the end of December and the beginning of 2023. Because "

the actual consumption of households in electricity and gas is down in January

,” says INSEE.

Read alsoElectricity and gas consumption still falling

Consumption of manufactured goods also increased, by 1.3%, after a drop of 1.7% in December 2022, driven by consumption of durable goods (mainly household goods, in particular telephones).

In terms of food, consumption also rebounded, after several months of declines, but more slightly (+0.6% after -1.9% in December 2022).

This partial rebound is explained by the increase in the consumption of agricultural products and agri-food products

”, explains INSEE, adding that “

tobacco consumption is decreasing again

”.

Source: lefigaro

All news articles on 2023-02-28

You may like

News/Politics 2024-02-29T09:23:56.774Z
News/Politics 2024-02-27T08:55:02.749Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.