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Lepista

French Consumer Spending

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In the US they are hoping or a big "Black Friday" splurge. ABC refered to shops hoping for the emergence of "frugality fatigue". :rolleyes:

Edited by Sledgehead

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People here are waking up to reality. Lots of xmas buying round here though. I would imagine the hard hit parts are the big industrial cities, Lille, Marseille and so on.

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Link please? All the data I find says +0.1% in October from -0.1% in September

http://www.fxmarketalerts.com/free/document.aspx?codes=3b87ac2d-9ffe-4e11-930e-c46094b3e330&DDID=1

French consumer spending declined 0.7% on the month in October following on from September's 1.5% upward adjustment from a heavy decline in August. Most of the downward pressure here came from a 4.4%m/m drop in automobile sales, a 1.7% decline in durable goods and -0.4% sales growth in textiles and leather. Household durables was the only component to have seen an increase (0.6%) while 'other' manufactured goods came in flat. This put total spending 0.3% lower on the year, reducing the support to the French Q3 GDP figure (of which it makes up approx. two-thirds) (due 28th Dec).

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  • 261 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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