France December preliminary CPI +5.9% vs +6.4% y/y expected<ul><li>Prior +6.2%</li><li>CPI -0.1% vs +0.4% m/m expected</li><li>Prior +0.3%</li><li>HICP +6.7% vs +7.2% y/y expected</li><li>Prior +7.1%</li><li>HICP % vs +0.3% m/m expected</li><li>Prior +0.4%</li></ul><p style="" class="text-align-justify">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.</p>
This article was written by Justin Low at www.forexlive.com.
Source: France December preliminary CPI +5.9% vs +6.4% y/y expected (https://www.forexlive.com/news/france-december-preliminary-cpi-59-vs-64-yy-expected-20230104/https://www.forexlive.com/news/france-december-preliminary-cpi-59-vs-64-yy-expected-20230104/)
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