RTTNews - Consumer spending on manufactured goods in France rose 1.4% month-on-month in June, after falling 0.2% in the preceding month, the statistical office INSEE said Wednesday. Economists expected an increase of 0.3%.
In June, consumer spending on durable goods climbed 1.3%, faster than a 0.7% growth in May. Spending on leather and textiles was up 3.6%, reversing a 1.4% fall in the previous month. Similarly, spending on other manufactured goods rose 0.5%, in contrast to a 0.4% fall in May.
Year-on-year, consumer spending on manufactured goods was up 1.2% in June.
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