France August preliminary HICP +2.4% vs +2.1% y/y expected

Author: Justin Low | Category: News

Latest data released by INSEE - 31 August 2021

  • Prior +1.5%
  • CPI +1.9% y/y
  • Prior +1.2%
That's a significant bump in annual inflation, with monthly consumer prices also up 0.6% in August after the 0.1% bump in July. This just reaffirms strong price pressures across the region and should observe a solid jump in euro area inflation readings later today.
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