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Bloomberg.com: Top Worldwide 21/6/2005

Updated: New York: Jun 21 15:51 London: Jun 21 20:51 Tokyo: Jun 22 04:51 :  Top Worldwide   RESOURCES:    French Consumer Spending in May Has Biggest Drop in Ten Months June 21 (Bloomberg) -- Consumer spending in France had its biggest drop in 10 months in May, adding to evidence of slowing growth in Europe's third-largest economy. Spending on manufactured goods fell 0.9 percent after a revised 1.1 percent increase in April, statistics office Insee said in Paris today. Economists predicted a drop of 0.4 percent, according to the median of 24 estimates in a Bloomberg survey. Record oil costs and rising unemployment have crimped growth in Europe, curbing sales at retailers such as Paris-based Carrefour SA. French spending was crimped further last month by a successful referendum campaign against the European Union constitution that focused

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