French consumer spending falls far short of expectations in September

Consumer spending fell 1.7 percent in September after rising 1.1 percent in August, which was revised up from a preliminary reading of 0.8 percent, INSEE said on Tuesday.The result not only fell short of economists’ average estimate for a drop of 0.4 percent in a Reuters poll but even exceeded the worst forecast in the sample, which had stood at -1.6 percent. คำพูดจาก Read more