Latest data released by Destatis - 28 June 2019
- Prior +0.1%
- CPI +1.2% vs +1.0% y/y expected
- Prior +0.9%
- HICP +0.3% vs 0.0% m/m expected
- Prior +0.1%
- HICP +1.4% vs +1.1% y/y expected
- Prior +1.1%
Much like the German figures yesterday, French CPI data is showing a bit of a lift in price pressures for the month of June. This is going to put a slight upside bias ahead of the Eurozone data later and one which will give the ECB some breathing room on the inflation front.