The French National Bureau of Statistics Insee announced on October 28 that consumer spending in France fell unexpectedly in September, dropping 0.5% month-on-month and 1.3% year-on-year, as the number of jobless claims rose to over a decade and consumer stagnation on economic growth. Worries have intensified.
In August, consumer spending in France rose 0.2% month-over-month, and the annual increase was revised down from 0.3% to 0.1%.
Economists had expected that consumer spending in France in September was flat compared with a month earlier, down 0.7% year-on-year.
In September, consumer spending on textiles and leather fell by 4.7% on a month-to-month basis. Energy expenditures, including gasoline, fell by 6.2%, which was the main reason for the decline in consumer spending during the month. In contrast, car spending rose 2.8% month-on-month, and durable consumer goods spending rose 1.9%.
Some economists said that France’s dependence on domestic consumption is very serious. If consumption declines, growth will stagnate and the economy may fall into recession.
The slow growth and the increase in the number of unemployed have made the French President Nicolas Sarkozy’s 2012 election challenging. The two polls released last week show that his socialist rival François Hollande’s support rate has taken a lead.
Seal Tags
We are most professional and most competitive tag,high quality seal tags manufacturer of China.We produce seal tags for all kinds of garments,bags,shoes,jewelry since 2009,
We make String Tag for many famous brand in the world such as CHANEL,VERO,ONLY, CALVIN KLEIN JEANS,XXX, and so on.Our tag is very strong and stricted in size and high quality. We have more than 2000pcs different mould of tags. Maybe we produced your brand seal tags.
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Quality standard: Our pull length of insert leg: 30kg. Far more stronger than other manufactuer ,other manufacutuer is more or less 3kg.
Color fastness: Seal Tag was connect with the garments directly, so it is very strict for the color. It including the color of cord, plastic,hot stampling foil and so on. Our plastic material and cord are dyed of environmental protection,eco friendly result. Some orders need professional testing report for the color. Normal testing way: soaking it in Boiling water in 5 minutes. Foil: white,black,gold,silver are most stable, we should add transparent foil to protect other color foil,or add PVC layer to protect it.
Raw material of plastic: first one is PS, the second one is PP. PS should be produced during 180-220℃. PP should be produced during 160-220℃. We used PP material in most of orders. All material is new, never use recycle material.
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Producing process: one shoting process, two in one process, three in one process.
Thickness: 4mm, 5mm,6mm, it`s up to the client`s demand.
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Backway process: colorful hot stampling foil, PVC layer, stick the printing paper, customize the logo and mould.
Seal Tag
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