France December preliminary CPI +3.7% vs +3.8% y/y expected
<ul><li>Prior +3.5%</li><li>HICP +4.1% vs +4.1% y/y expected</li><li>Prior +3.9%</li></ul><p>That more or less fits with estimates, as French inflation ticks a little higher to end the year in 2023. On the month itself, inflation was up 0.1% in December. The breakdown shows the jump is mostly consisting of a rise in energy prices, so there's hope yet if core inflation continues to reaffirm further easing of price pressures.</p>
This article was written by Justin Low at www.forexlive.com.
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