French tex­tile sales boosted

China Daily (Hong Kong) - - BUSINESS -

French house­hold goods con­sump­tion rose 1 per­cent in May, up from the 0.4 per­cent gain recorded for April. That was on a surge in tex­tile sales, the French na­tional sta­tis­tics in­sti­tute Insee said. French con­sumer spend­ing on tex­tiles jumped 4.6 per­cent in May com­pared with the 2.2 per­cent drop a month ear­lier. After los­ing 1 per­cent in April, spend­ing on car pur­chases bounced back, ris­ing 2 per­cent. The re­port said that in turned pulled con­sump­tion of durable prod­ucts, which was up 1 per­cent. How­ever, peo­ple con­sumed less en­ergy prod­ucts, mainly gas and elec­tric­ity, which fell 2.3 per­cent at the end of May due to warm weather. Con­sump­tion of man­u­fac­tured prod­ucts ac­counts for about 25 per­cent of the coun­try’s to­tal con­sump­tion of pro­cessed goods and ser­vices.

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