GDP components · France
France Household Consumption MoM
The France Household Consumption MoM is one part of the national accounts of France: what households spend, what businesses invest, what they earn, or how productive workers are.
- Importance
- Medium
- Publié
- Monthly
- Prochaine publication
- Devise
- EUR · euro
- Banque centrale
- The European Central Bank (with the Banque de France)
Derniers chiffres
La dernière publication, pour SEP, est parue le 2026-10-30 et s’est établie à -0.5%. C’est en dessous du consensus de 0.1%. C’est inchangé par rapport à -0.5% la fois précédente.
A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
Sur les 12 dernières publications, la valeur est allée de -1.4% à 0.7%, avec une moyenne de -0.1%.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 30 Oct 2026 | SEP | -0.5% | 0.1% | -0.5% |
| 30 Sep 2026 | AUG | -0.5% | 0% | 0.4% ® |
| 28 Aug 2026 | JUL | 0.5% | 0% | 0.6% ® |
| 30 Jul 2026 | JUN | 0.4% | -0.1% | 0.3% ® |
| 30 Jun 2026 | MAY | 0.5% | 0.2% | -0.5% |
| 29 May 2026 | APR | -0.5% | -0.1% | 0.9% ® |
| 30 Apr 2026 | MAR | 0.7% | 0.7% | -1.4% |
| 31 Mar 2026 | FEB | -1.4% | -0.2% | 0.4% ® |
| 27 Feb 2026 | JAN | 0.5% | 0.3% | -0.5% ® |
| 30 Jan 2026 | DEC | -0.6% | -0.4% | -0.3% |
| 9 Jan 2026 | NOV | -0.3% | 0.2% | 0.5% ® |
| 28 Nov 2025 | OCT | 0.4% | 0.2% | 0.3% |
Pourquoi c’est important
GDP's headline hides its drivers. Household spending is usually the largest part of demand; investment is the most cyclical and tells you about firms' confidence; productivity and labour costs decide whether growth can continue without inflation.
Mode de calcul
INSEE estimates each component from surveys, tax and trade data, after inflation where noted ("real").
Ce que signifient les variations
- Strong spending with weak income growth cannot last: watch the savings rate.
- Productivity growth lets wages rise without pushing up prices; unit labour costs show the opposite.
Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the euro and local stocks, and can push bond yields up.
Inférieur aux attentes : A weaker figure than expected points to slowing activity: the euro tends to soften and markets price in lower rates.
Un bref historique
The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.
Questions
What is the France Household Consumption MoM?
The France Household Consumption MoM is one part of the national accounts of France: what households spend, what businesses invest, what they earn, or how productive workers are.
What was the latest France Household Consumption MoM?
-0.5% for SEP, published on 30 October 2026 (consensus 0.1%, previous -0.5%).
When is the next France Household Consumption MoM?
On Friday 27 November 2026 at 07:45 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.