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French June consumer spending falls more than expected

PARIS, July 28 (Reuters) - French consumer spending fell by a more-than-expected 0.8 percent in June from May, largely erasing a spike in the previous month as households awaited the launch of summer sales, showed data released on Friday by the INSEE statistics agency. A Reuters poll of 13 economists had forecast on average that spending fell 0.2 percent. Spending had jumped 0.9 percent in May, which was revised down from 1.0 percent in INSEE's preliminary estimate. INSEE reported a 4.7 percent month-on-month drop in spending on clothing, and consumer electronics fell 1.0 percent as households held off on shopping before the opening of summer sales at the end of the month. Car sales also slowed to growth of only 0.1 percent after jumping 2.0 percent the previous month. Despite the one-month overall drop in June, consumer spending rose 0.4 percent over the whole of the second quarter from the previous quarter.

The following is a table of the main figures, which show percentage changes on a month-on-month basis unless otherwise stated:

May June June Y/Y Total 0.9 -0.8 0.5 Manufactured goods 0.7 -0.7 0.7

For full details and data from INSEE: http://www.insee.fr/en/themes/info-rapide.asp?id=19 For consumer spending and morale graphic: http://reut.rs/2j4DCHX

(Reporting by Leigh Thomas; Editing by Sudip Kar-Gupta)