France December preliminary CPI +5.9% vs +6.4% y/y expected

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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

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