UPDATE 3-Strikes and job fears hit French consumer spending

Newswire

(Adds minister reaction in paragraphs 8-9, edits) By Mark John PARIS, June 25 (Reuters) - French consumer spending took its sharpest dive in nearly four years in May as fears of rising unemployment and a spate of strikes in the euro zone's second largest economy spooked shoppers. National statistics office INSEE said on Wednesday spending slumped 1.6 percent last month, led down by a 3.7 percent tumble in car purchases and strong falls in clothing and durable goods. The headline fall ...

Premium Content (PAID Subscription Required)

"UPDATE 3-Strikes and job fears hit French consumer spending" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×