France November preliminary CPI +1.three% vs +1.5% y/y anticipated
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- Prior +1.2%
- HICP +1.7% vs +1.7% y/y anticipated
- Prior +1.6%
This simply confirms a slight uptick in French shopper costs on the month. It’s largely to do with base results however trying on the particulars, providers inflation can be seen nudging greater from 2.three% beforehand to 2.5% in November. That may be a fear if it begins to feed into the core studying extra meaningfully as properly after we get to see the ultimate estimate.
This text was written by Justin Low at www.ubaidahsan.com.
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