France August preliminary CPI +0.5% vs +0.4% m/m expected

Latest data released by INSEE - 31 August 2018

• Prior -0.1%
• CPI +2.3% vs +2.2% y/y expected
• Prior +2.3%

• HICP +0.6% vs +0.5% m/m expected
• Prior -0.1%
• HICP +2.6% vs +2.5% y/y expected
• Prior +2.6%

Minor beats across the board but in terms of yearly estimates, inflation figures hold steady from July. The release here is not going to change the inflation rhetoric of the ECB whatsoever. Pretty much steady as she goes.