Growth of France Consumer Spending slowing down to 0,1% vs 0,9% previous data...
Household consumption expenditure on goods was virtually stable in June (+0.1%) and decreased over the second quarter (−0.3%)
In June 2018, household expenditure on goods was almost unchanged: +0.1% in volume*. Apart from household durables purchases, which were relatively dynamic, consumption was sluggish. Over the quarter, household consumption on goods decreased for the the third consecutive quarter (−0.3% after −0.1% in first quarter 2018 as well as in fourth quarter 2017).In June, food consumption was stable. Over the second quarter, it decreased by −1.3%, with a strong decline in tobacco spending and, to a lesser extent, in meat and meat product purchases.In June, energy consumption was stable, the slight downturn in gas and electricity ... (full story)
- Posted: Jul 27, 2018 2:46am
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