French consumer spending declines in October

Source: RTT News
Consumer spending in France declined in October of this year, as it slumped for the third consecutive month in a row. In September in August, in turn, spending lost 0.1% and 0.3%, respectively. Analysts forecasted the indicator to add 0.2%. The French spent 1.4% more on food, while energy consumption lost 4.9%. On the annual basis, spending decreased 0.1% despite a positive outlook.

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