French CPI A Little Lower Than Expected

French March CPI numbers came in a little lower than expected at 0.2% m/m and 0.3% y/y. The market had been expecting a +0.3% result m/m compared to Feb’s +0.4%

On the other side of the coin, the French Industrial Production for Feb has come out better than expected at -0.5% compared with a forecast -1.1% with the Jan number revised down to -3.9% from an initial -3.1%