France August preliminary HICP +2.4% vs +2.1% y/y expected
Latest data released by INSEE - 31 August 2021
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.
- Prior +1.5%
- CPI +1.9% y/y
- Prior +1.2%