France CPI
  • Prior +6.2%
  • CPI -0.1% vs +0.4% m/m expected
  • Prior +0.3%
  • HICP +6.7% vs +7.2% y/y expected
  • Prior +7.1%
  • HICP % vs +0.3% m/m expected
  • Prior +0.4%

French consumer inflation cooled off after hitting a record high in November, missing on estimates for higher price pressures last month. This adds to the retreat in German inflation yesterday, with the drop likely owing much to a marked drop in energy prices over winter - which has been helped by milder weather conditions.