Latest data released by INSEE - 5 January 2018
- Prior m/m +0.1%
- CPI y/y +1.2% vs +1.2% expected
- Prior y/y +1.2%
- HICP m/m +0.4% vs +0.4% expected
- HICP y/y +1.3% vs +1.3% expected
Right in line with estimates, the CPI y/y figure hasn't changed from the previous month but the harmonised reading is up by 0.1% for the y/y reading - but still nothing too exciting.
EUR/USD at 1.2063, no changes. As mentioned in the calendar preview, relatively minor data points. Do look out for the Eurozone CPI reading later in the day, that could potentially be one that traders may pay attention too - but probably not today as well. I elaborated more on that earlier here.
Do be reminded, these are just the preliminary numbers - but they're more or less firm barring any major surprises when the final reading comes out.
