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MoM Change in Consumer Spending in France

Country:
FRFFrance
Importance:
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Consumer Spending in France

Month-on-month consumer spending in France indicates the percentage change in the total amount French consumers spent on goods and services in a specific month compared to the previous month. This data is released monthly by INSEE (the French National Institute of Statistics and Economic Studies) and is crucial for assessing consumer behavior and economic activity trends.

Month-on-month data helps to understand short-term fluctuations in consumer spending. An increase in consumer spending suggests heightened consumer willingness to purchase, indicating economic expansion. Conversely, a decrease in consumer spending suggests reduced consumer purchasing power and potential economic stagnation.

This data serves as a reference for policymakers to evaluate trends in consumer spending and formulate appropriate economic policies. Additionally, it is an essential source of information for businesses and investors in forecasting consumer trends and economic outlooks.

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