UPDATE 2-French consumer spending rebounds, outlook cloudy

Newswire

(Adds background, euro reaction, Ifo index, recasts) By Joelle Diderich PARIS, July 25 (Reuters) - French consumer spending bounced back from weak levels with a rise of 1.0 percent in June, exceeding economists forecasts for an indicator they see as crucial to economic recovery. National statistics office INSEE said expenditure by French households was up 2.6 percent year-on-year in June. "This is a very good figure, especially as it is based on a global rebound in sales in almost ...

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