France’s consumer spending increased in September after falling in the previous month, figures from the statistical office INSEE showed Tuesday.
Consumer spending rose 0.9 percent month-over-month in September, reversing a 0.2 percent drop in August.
Energy consumption grew at a faster rate of 3.3 percent monthly in September, following only a 0.4 percent rise in August.
Consumption on food products bounded back by 0.8 percent after a 1.1 percent fall in the previous month. Meanwhile, purchases of engineered goods were virtually stable in September.
On a yearly basis, consumer spending climbed 2.8 percent in September, faster than the 1.9 percent rise economists had forecast.
Source: RTT News