Financial Times FT.com

French and Germans maintain spending

By Ralph Atkins in Frankfurt and Ben Hall in Paris

Published: May 26 2009 14:58 | Last updated: May 26 2009 14:58

French and German consumers are keeping up their spending even in the face of the severest recession to hit the Continent in half a century, data and surveys showed on Tuesday.

France reported consumer spending on manufactured goods rose by a bigger-than-expected 0.7 per month on month in April, while Germany’s GfK research organisation reported its “consumer climate” indicator was expected to hold steady in June for the fourth consecutive month.

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