French statistical office INSEE released its consumer spending data on Friday. French consumer spending rose 0.2% in March, after a 0.5% gain in February. February’s figure was revised down from a 0.6% increase.
The increase was mainly driven by a rise in expenditure on energy. Spending on energy climbed by 3.5% in March, while spending on food fell 0.6%.
On a yearly basis, consumer spending climbed 1.9% in March.
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