FRANCE DATA: June sa consumer spending on goods +1.2% m/m, +1.8% y/y
– Above most analysts’ forecasts; MNI survey median fcst: +1.0% m/m
– 2Q consumer spending -1.8% q/q; 1Q +0.1% q/q
– May spending revised to -0.3% m/m from -0.8% m/m
FRANCE DATA: June sa consumer spending on goods +1.2% m/m, +1.8% y/y
– Above most analysts’ forecasts; MNI survey median fcst: +1.0% m/m
– 2Q consumer spending -1.8% q/q; 1Q +0.1% q/q
– May spending revised to -0.3% m/m from -0.8% m/m
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