FRCPI
  • Prior +2.3%
  • HICP +2.2% vs +2.2% y/y prelim
  • Prior +2.7%

Headline prices are showing a slowdown compared to July. However, core annual inflation did tick up a little from 1.5% in the previous month to 1.7% in August. But at these levels, the ECB can feel comfortable about it as compared to Germany for example.