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French consumer spending declined by 2.9% in March…

Consumer spending index in France

According to French institute INSEE country’s consumer spending volume declined by seasonally adjusted 2.9% in March, instead of 1.6% estimated.

Prior month data showed 2.9% of gain, revised down from 3.0% reported previously.

March’s data filled full reading for first quarter of 2012, which showed an increase of 0.2%.

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