After rising 2.4% in September, spending on household consumption of manufactured goods posted a growth of 1.1% in October according to figures released Tuesday by the INSEE. Spending on durable goods are still progressing (+1.3%) after acceleration in September (+5.1%). This was due to car purchases very dynamic (+10.2%), while in October "households slowed on these purchases," says the National Institute of Statistics.
In contrast, they increased their spending on equipment housing (+2.2% after +0.7% in September), each item of equipment (furniture, electrical goods, electronics and informatics) contributing to this acceleration.
The new floating balances boosted purchases in textiles. According to INSEE, purchases of textiles and leather rose 2.6% after a month of September already dynamic (+2.9%).Other manufactured goods (pharmaceuticals, publishing, crafts, perfume, etc..) Also displayed a slight increase in October (+0.3% after +0.4% in September).
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