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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
FRANCE DATA
MNI (London)
APR FLASH HICP +0.3% M/M, +1.7% Y/Y; MAR +1.4% Y/Y
APR FLASH CPI +0.2% M/M, +1.3% Y/Y; MAR +1.1% Y/Y
- Annual inflation jumped to 1.7% in April, up from 1.4% seen in March, recording the highest level since Jan 2020 where the index also stood at 1.7%.
- The headline HICP came in slightly stronger than markets expected (median 1.6%)
- Apr's uptick was driven by a sharp increase in energy prices, rising by 8.8% in Apr.
- Energy inflation recorded negative rates throughout the pandemic and registered the first increase in Mar 2021.
- Service inflation accelerated to 1.3% in Apr, up from 1.1% seen in Mar and showing the the highest level since Feb 2020.
- While tobacco prices remained at Apr's level of 5.8%, the decline of manufactured products continued at -0.2%.
- Food inflation dropped by 0.3% in Apr, its first decline since Oct 2016 and mainly driven by fresh food prices which fell by 4.1%
Source: Insee
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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