Latest data released by INSEE - 28 February 2019

France CPI
  • Prior -0.4%
  • CPI +1.3% vs +1.5% y/y expected
  • Prior +1.2%
  • HICP +0.1% vs +0.3% m/m expected
  • Prior -0.6%
  • HICP +1.5% vs +1.7% y/y expected
  • Prior +1.4%

A bit of a miss on inflation figures here and that will be a bit of a worry if the rest of the region shows similar sentiment. Annual headline inflation is still a little better than it was in January, but remains unconvincing to say the least.