French April consumer spending falls 1.2 pct

Newswire

PARIS, May 26 (Reuters) - French consumer spending fell more sharply than expected in April, hit by a slump in sales of cars and durable goods, data on Wednesday showed. Household spending on manufactured goods fell 1.2 percent on the month in April, after March data was upwardly revised to +1.6 percent from a previously given +1.4 percent, national statistics office INSEE said. [ID:nPAB008360] Analysts polled by Reuters had forecast a fall of just 0.5 percent on the month in April. ...

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