1 July 2020 French Households Rushed to the Store as the Economy Reopened

Claus Vistesen (Chief Eurozone Economist)30th Jun 2020 20:10Eurozone, Eurozone Key Issues, Economic Monitor

Yesterday's EZ data showed that French households came out swinging as the economy reopened. Consumers' spending, ex-services, jumped by 36.6% month-to-month in May, driving the year-over-year rate up to -8.3%, from -32.7% in April.

PDF

clothing consumers consumption core inflation core prices core rate covid-19 cpi cpi report disposable income economy energy energy inflation eurozone ez ez core food france french german cpi households income index inflation insee investors July June liquidity manufactured goods markets May oil oil prices pm pm forecast q1 q2 q3 q4 recession restaurants retail retail sales savings selling price expectations transport

This publication is only available to Eurozone Economic Research (Monitor) subscribers

Related Publications

LatAm Datanote: Economic activity index, Mexico, November 2020

25 Jan 2021 Inflation in Mexico Rose in January, the Upturn likely will be Short-lived

25 Jan 2021 Could a Margin Spike Translate into Sustained Inflation? Watch Wages

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.