• French consumer spending increases 0.1% in May

Market news

30 June 2015

French consumer spending increases 0.1% in May

French statistical office INSEE released its consumer spending data on Tuesday. French consumer spending increased 0.1% in May, after a flat reading in April. April's figure was revised down from a 0.1% gain.

Spending on food was flat in May, spending on automobiles rose 0.2%, spending on household durables was up 0.2%, while spending on energy rose 0.3%.

Spending on manufactured goods increased 0.1% in May.

On a yearly basis, consumer spending climbed 1.8% in May.

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