French statistical office INSEE released its consumer spending data on Monday. French consumer spending fell 0.1% in April, after a 1.1% gain in March. March’s figure was revised up from a 0.2% increase.
The decrease was mainly driven by a drop in food products. Spending on food products slid by 1.2% in April.
On a yearly basis, consumer spending climbed 2.5% in April.
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