Latest data released by INSEE - 29 November 2019

  • Prior -0.4%; revised to -0.3%
  • Consumer spending -0.2% vs -0.3% y/y expected
  • Prior +0.3%; revised to +0.5%

Consumption activity mildly rebounds after a setback in September but the sluggishness seen in the annual reading just reaffirms that French economic activity isn't exactly beaming with confidence for the time being; though it isn't massively underwhelming either.