Dutch consumer spending up 1.8% y/y after 1.0% rise in April: CBS
Dutch consumer spending up 1.8% y/y after 1.0% rise in April: CBS
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Dutch consumer spending up 1.8% y/y after 1.0% rise in April: CBS
**Notes/Observations** - Month-end data flow was broadly constructive for the eurozone but added to the ECB's policy dilemma. French preliminary June CPI surprised to the downside at 1.8% y/y (vs 2.0%e), bringing headline inflation back to target for the first time in three months, while French consumer spending (+0.5%