Market news
30.05.2016, 09:31

French consumer spending falls 0.1% in April

French statistical office INSEE released its consumer spending data on Monday. French consumer spending fell 0.1% in April, after a 1.1% gain in March. March's figure was revised up from a 0.2% increase.

The decrease was mainly driven by a drop in food products. Spending on food products slid by 1.2% in April.

On a yearly basis, consumer spending climbed 2.5% in April.

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