⚡ Easily Trade – Apple, Microsoft, Tesla and Google Stocks – Open a FREE Account Here


Market Updates: French Consumer Spending Jumps to 1.2%

Posted Thursday, February 28, 2019 by
Arslan Butt • 1 min read

According to the National Institute of Statistics and Economic, the French consumer spending soared to 1.2% beating the economist forecast of 1.1%. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

Potential Impact: A rise in consumer spending leads to an increased inflation rate. Both trigger a hawkish monetary policy sentiment from the European Central Bank.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments