The typical/expected market impact of this event is low.
The consensus forecast for Consumer Spending (MoM) is -0.4%. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The most recent announced value for Consumer Spending (MoM) was -0.3% against a forecast of 0.2%.
Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Consumer Spending (MoM) result:
| Country: | France |
|---|---|
| Currency: | EUR |
| Source: | INSEE |
| Category: | Consumption |
| Frequency: | Monthly |