{"id":45915,"date":"2026-04-02T15:30:27","date_gmt":"2026-04-02T13:30:27","guid":{"rendered":"https:\/\/personal-finance.bnpparibas\/?p=45915"},"modified":"2026-08-18T14:17:34","modified_gmt":"2026-08-18T12:17:34","slug":"en-march-2026-oil-prices-gardening-france","status":"publish","type":"post","link":"https:\/\/personal-finance.bnpparibas\/en\/en-march-2026-oil-prices-gardening-france\/","title":{"rendered":"March 2026 Mobility &amp; Consumption Minute: diesel passes \u20ac2 a litre"},"content":{"rendered":"<div class=\"container\">\n<p class=\"wp-block-paragraph\"><\/p>\n<\/div>\n\n<div class=\"container\">\n<div class=\"wp-block-group has-green-dark-background-color has-background is-layout-constrained wp-container-core-group-is-layout-e3964afe wp-block-group-is-layout-constrained\" style=\"border-top-left-radius:28px;border-top-right-radius:28px;border-bottom-left-radius:28px;border-bottom-right-radius:28px;padding-top:var(--wp--preset--spacing--60);padding-right:var(--wp--preset--spacing--60);padding-bottom:var(--wp--preset--spacing--60);padding-left:var(--wp--preset--spacing--60)\">\n<p class=\"has-text-color has-link-color wp-elements-ace980a77c64e3a02e24d6c0125ac87f wp-block-paragraph\" style=\"color:#ffffff\">Every month, the&nbsp;<strong>Mobility Minute<\/strong>&nbsp;and the&nbsp;<strong>Consumption Minute<\/strong>&nbsp;explore two major trends transforming consumer behaviour in France and across Europe.<\/p>\n\n\n\n<p class=\"has-text-color has-link-color wp-elements-90992baf729e754a4700705737966aaf wp-block-paragraph\" style=\"color:#ffffff\">Presented by Flavien Neuvy, economist and Director of the Cetelem Observatory, these two analyses provide a one-minute overview of the developments shaping the mobility and consumer markets.<\/p>\n<\/div>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">This March 2026 edition of the Mobility &amp; Consumption Minute highlights two key trends:<\/p>\n<\/div>\n\n<div class=\"container\">\n<ul class=\"wp-block-list\"><div class=\"container\">\n<li class=\"has-green-dark-color has-text-color has-link-color wp-elements-3fec55b763ee6448c1123b22b3e85754\"><strong>Soaring oil prices weigh directly on household mobility budgets<\/strong><\/li>\n<\/div>\n\n<div class=\"container\">\n<li class=\"has-red-color has-text-color has-link-color wp-elements-e76ae4043f2d29013a799381cdf6e8d5\"><strong>The gardening market confirms its weight in home-related spending<\/strong><\/li>\n<\/div><\/ul>\n<\/div>\n\n<div class=\"container\">\n<h2 class=\"wp-block-heading\"><strong>The Mobility Minute<\/strong> of <strong>March 2026<\/strong><\/h2>\n<\/div>\n\n<div class=\"container\">\n<h3 class=\"wp-block-heading\">Oil prices: the impacts on mobility and purchasing power<strong><\/strong><\/h3>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Find the full analysis in the Mobility Minute below:<\/p>\n<\/div>\n\n<div class=\"container\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"iframe-wrapper\"><iframe title=\"Vid\u00e9o Youtube - Mobility Minute #14 Fuel at \u20ac2\/L\u2026 Who can still afford to drive? \ud83d\ude87 \ud83d\udeb2\" src=\"https:\/\/www.youtube.com\/embed\/P3nVe7pAipU?feature=oembed\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">In three months, the price of a barrel has risen by more than 50%. The cause: tensions around the Strait of Hormuz, through which nearly 20% of the world&#8217;s oil passes. At the pump, the effect is immediate diesel is now above \u20ac2 per litre.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\"><strong>Key figures<\/strong><br>&#8211; barrel price up more than 50% in three months<br>&#8211; nearly 20% of the world&#8217;s oil transits the Strait of Hormuz<br>&#8211; diesel crosses the \u20ac2 per litre mark<br>&#8211; low-income and rural households are the most exposed<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">\u279c \u00ab <strong>Read the full analysis<\/strong> \u00bb<\/p>\n<\/div>\n\n<div class=\"container\">\n<h2 class=\"wp-block-heading\"><strong>Discover the latest Auto 2026 study by the Cetelem Observatory<\/strong><\/h2>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">With this new 2026 edition, we observe a worrying situation, we identify five levers that could create a healthy rebound in the automotive sector. An obligation, as the economic and social stakes are so high.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Find out about the latest Mobility study.<\/p>\n<\/div>\n\n\n<div class=\"container\">\n\n    <div class=\"my-3 text-center\">\n\n        <a id=\"block_1e29c6fa8a0cd3fe52da778a89fcefc4\" href=\"https:\/\/observatoirecetelem.com\/en\/lobservatoire-cetelem-de-lautomobile\/5-ways-to-bounce-back\" target=\"_blank\"  class=\"btn btn-border\">\n            FIND HERE THE LATEST CAR STUDY 2026\n                    <\/a>\n\n    <\/div>\n\n<\/div>\n\n<div class=\"container\">\n<h2 class=\"wp-block-heading\"><strong>The Consumption Minute<\/strong> <strong>of March 2026 <\/strong><\/h2>\n<\/div>\n\n<div class=\"container\">\n<h3 class=\"wp-block-heading\"><strong>Gardening in France: a \u20ac7.7 billion market revived by spring<\/strong><\/h3>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Find the full analysis in the Minute Conso below:<\/p>\n<\/div>\n\n<div class=\"container\">\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"iframe-wrapper\"><iframe title=\"Vid\u00e9o Youtube - Consumption Minute #14 Your garden might be your next biggest expense \ud83d\udcb6\" src=\"https:\/\/www.youtube.com\/embed\/0tDR-_Bc6ek?feature=oembed\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<\/div><\/figure>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">As the warmer months return, gardening reclaims a central place in household spending. In France, 58% of people have a garden at their main or second home, in a market worth \u20ac7.7 billion. One striking detail: despite the digitalisation of retail, e-commerce captures only 7% of it.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\"><strong>Key figures<\/strong><br>&#8211; \u20ac7.7 billion for the gardening market<br>&#8211; 58% of French people have a garden<br>&#8211; 42% of sales through specialist garden superstores, 35% through DIY chains<br>&#8211; only 7% of the market transacted online<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">The home does not stop at the garden. The pet market continues to grow and is now worth \u20ac16.6 billion \u2014 more than double gardening \u2014 confirming that living environment and domestic wellbeing remain protected spending categories.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">\u279c \u00ab <strong>Read the full analysis <\/strong>\u00bb\u00a0<\/p>\n<\/div>\n\n<div class=\"container\">\n<h2 class=\"wp-block-heading\"><strong>Find the new 2026 Consumer Study from the Cetelem Observatory<\/strong><\/h2>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">As early as 2016, we were interested in seniors with <a href=\"https:\/\/observatoirecetelem.com\/app\/uploads\/sites\/2\/2013\/07\/observatoire-cetelem-consommation-2016.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">a study entitled &#8220;Towards the golden age of the silver economy?&#8221;<\/a>. At the time, we were far from suspecting that the decline in the birth rate would accelerate to such an extent and that the question of demographic ageing would be so acute 10 years later.<\/p>\n<\/div>\n\n<div class=\"container\">\n<p class=\"wp-block-paragraph\">Find out about the latest Consumption study.<\/p>\n<\/div>\n\n\n<div class=\"container\">\n\n    <div class=\"my-3 text-center\">\n\n        <a id=\"block_2c4d186863f6603019c9b8e367ed090e\" href=\"https:\/\/observatoirecetelem.com\/en\/lobservatoire-cetelem-de-la-consommation\/observatory-of-consumption-2026\" target=\"_blank\"  class=\"btn btn-border\">\n            FIND HERE THE LATEST 2026 CONSUMER STUDY\n                    <\/a>\n\n    <\/div>\n\n<\/div>\n\n<div class=\"container\">\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n<div class=\"container\">\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-e3964afe wp-block-group-is-layout-constrained\" style=\"border-top-left-radius:28px;border-top-right-radius:28px;border-bottom-left-radius:28px;border-bottom-right-radius:28px;background-color:#dcdcdc;padding-top:var(--wp--preset--spacing--60);padding-right:var(--wp--preset--spacing--60);padding-bottom:var(--wp--preset--spacing--60);padding-left:var(--wp--preset--spacing--60)\">\n<h3 class=\"wp-block-heading\"><strong>FAQ &#8211; Mobility and consumer markets, April 2026<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>How much have oil prices risen in 2026?<\/strong><br>The price of a barrel has risen by more than 50% in three months, against a backdrop of tension around the Strait of Hormuz, through which nearly 20% of the world&#8217;s oil passes.<\/li>\n\n\n\n<li><strong>What is the price of diesel in France?<\/strong><br>Diesel is now above \u20ac2 per litre in France.<\/li>\n\n\n\n<li><strong>Which households are most exposed to rising fuel prices?<\/strong><br>Low-income households and those living in rural or peri-urban areas, which depend most on the private car for daily journeys, according to the Observatoire Cetelem de BNP Paribas Personal Finance.<\/li>\n\n\n\n<li><strong>How big is the gardening market in France?<\/strong><br>The gardening market is worth \u20ac7.7 billion in France, and only 7% of it is transacted online.<\/li>\n\n\n\n<li><strong>What share of French people have a garden?<\/strong><br>58% of French people have a garden at their main or second home.<\/li>\n\n\n\n<li><strong>How big is the pet market in France?<\/strong>                                                                                                                         The pet market is worth \u20ac16.6 billion in France, more than double the gardening market.<\/li>\n\n\n\n<li><strong>Where can I find the detailed analyses?<\/strong><br>Both full analyses are published on the Observatoire Cetelem website, in the Automotive and Consumption sections.<\/li>\n<\/ul>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Every month, the&nbsp;Mobility Minute&nbsp;and the&nbsp;Consumption Minute&nbsp;explore two major trends transforming consumer behaviour in France and across Europe. Presented by Flavien Neuvy, economist and Director of the Cetelem Observatory, these two analyses provide a one-minute overview of the developments shaping the mobility and consumer markets. This March 2026 edition of the Mobility &amp; Consumption Minute highlights [&hellip;]<\/p>\n","protected":false},"author":1981,"featured_media":45901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[372,457],"tags":[],"class_list":["post-45915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobilite-en","category-consumption"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>March 2026 Mobility &amp; Consumption Minute: diesel over \u20ac2<\/title>\n<meta name=\"description\" content=\"Diesel passes \u20ac2 a litre as the barrel climbs 50% in three months. 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