France May consumer spending +0.4% vs +0.3% m/m expected

Latest data released by INSEE - 28 June 2019

• Prior +0.8%; revised to +0.3%
• Consumer spending -0.1% vs +0.3% y/y expected
• Prior +1.2%; revised to +0.5%

Consumption activity improves on the month and that's a positive sign at least although the downward revision to April takes a bit of shine off the report here. Nonetheless, it's only a minor data point but at least it points to some steadiness in French consumption in Q2.