() () () () () () () () () () () () () () () () () () () () () ()

France October consumer spending +3.7% vs +3.5% m/m expected

November 27, 2020 by admin 0 Comments

Latest data released by INSEE – 27 November 2020

Prior -5.1%; revised to -4.4%
Consumer spending +2.7% vs +1.8% y/y expected
Prior -1.3%; revised to -0.8%

French consumer spending bounced back in October after the drop towards the end of Q3, but this is all before tighter restrictions were introduced. So, there isn’t much to really gather from this as the focus is more on the outlook now amid the uncertain virus situation.
For bank trade ideas, check out eFX Plus

This article was originally published by Forexlive.com. Read the original article here.