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France spending growth expected next 12m, median

France spending growth expected next 12m, median stood at 1.9% in Aug 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Consumer confidence and expectations table (Value · Monthly), with a complete series running from Apr 2020 to Aug 2026. The complete series with an interactive chart, free to download.

Source: INSEE – Institut national de la statistique et des études économiques (BDM)Last updated: Curated by Bui Thanh Phuc
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This indicator in the Consumer confidence and expectations table

Indicator08-202607-202606-202605-202604-202603-202602-202601-202612-202511-2025
Income and spending
Expected household spending growth, next 12 months (median)1.91.41.51.91.91.51.11.21.21
Perceived household spending growth, past 12 months (net balance)51.95048.74950.146.743.346.845.545.9

Understanding france spending growth expected next 12m, median

Respondents quantify their anticipated percentage change in total personal outlays over the forthcoming annual cycle, providing a forward-looking median indicator. The scope encompasses all expected routine consumption, service expenses, and financial obligations, leaving aside long-term asset purchases. By utilizing the median, the calculation discards extreme financial projections submitted by outlier participants to establish a representative midpoint for the surveyed population.

Interpreting this future-oriented metric requires understanding that projected expenditures often incorporate anticipated price movements alongside changes in physical consumption volume. Seasonal variations, such as end-of-year festivities or holiday periods, can imprint temporary distortions on near-term planning horizons. Analysts should contrast this forward expenditure path with corresponding income expectations to assess anticipated pressure on household savings capacities.

Frequently asked questions

Does this expected spending metric account for inflation?
Respondents typically incorporate their personal views on future price changes when estimating their upcoming financial outlays.
Why is the median chosen over the arithmetic average for this series?
The median prevents a small number of extremely high spending projections from skewing the overall population representation.
How does this differ from the retrospective spending series?
This series looks ahead to anticipated outlays over the next year, whereas the retrospective series evaluates realized spending over the past year.

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