Household consumption of goods in France dropped 1.4% month-on-month in February 2026, worse than market expectations of a 0.2% fall, following a downwardly revised 0.4% rise in January. Energy consumption declined further (-2.4% vs -1.2%) as gas and electricity demand plunged amid warmer weather. Spending on engineered goods fell again (-1.7% vs 1.1%), with declines recorded in all categories, namely durable goods (-1.8% vs 0.8%), other engineered goods (-0.1% vs 0.2%), and textiles and clothing (-4.0% vs 3.6%). Food consumption also dropped (-0.5% vs 0.4%), reflecting lower purchases of agri-food products, particularly beverages and tobacco.
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