Latest data released by INSEE - 15 May 2019

  • Final CPI +1.3% vs +1.2% y/y prelim
  • Final HICP +0.4% vs +0.3% m/m prelim
  • Final HICP +1.5% vs +1.4% y/y prelim

Preliminary figures can be found here. Slight improvement relative to initial estimates but nothing overly upbeat. As mentioned with the inflation readings in the region for April, the improved releases are also partially skewed by Easter seasonality.

EUR/USD continues to sit steady at 1.1208 currently, trapped in a 13 pips range for the day.