wrapper

French Consumer Spending up by 0.4%

Tuesday, Dec 23 2014
In November 2014, household expenditure on goods in France increased by 0.4% in volume, after a decrease of 0.8% in October. Analysts were anticipating smaller increase by 0.2%.This rise was mainly due to purchases of textile, clothing and leather (+2.4% after +3.0% in October) and expenditure on energy products (+0.8% after –6.0% in October), purchases of manufactured goods were almost stable (+0.1% after +0.2%).
 
Also, following a fall in October (–6.0%), household consumption of energy products recovered in November (+0.8%). This upswing resulted mainly from a rise in gas and electricity consumption
 
Despite good figures, euro lost few points after data was released but remains stable around 1.2230 area. Later today, in the US session, Durable Goods Orders, Final GDP, Revised Consumer Confidence and New Home Sales figures are scheduled for a release.
More in this category: « Existing Home Sales at an annual rate of 4.93 million UK Current Account deficit rose to £27.0 billion »

Latest from Editor

About Us

Forex Web News is part of Rolling Capital Network providing financial consulting.

Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.

Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.

.

All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.

We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.

Disclaimer

Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.