• CPI +2.8% vs +2.8% y/y prelim

The preliminary report can be found here. No change to the initial estimate so this just reaffirms that inflation pressures are still holding high in the French economy through to year-end in 2021. The trend over the next few months will be important to watch in relation to the ECB debate but if anything else, I wouldn't expect price pressures to ease all too much.

France CPI 12-2021