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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)
JUL FLASH HICP +0.1% M/M, +1.6% Y/Y; JUN +1.9% Y/Y
JUL FLASH CPI +0.1% M/M, +1.2% Y/Y; JUN +1.5% Y/Y
- Annual inflation decelerated to 1.6% in Jul, down from 1.9% seen in Jun, hitting a 3-month low.
- The headline HICP came in stronger than markets expected (median 1.4%).
- Jul's drop was led by a sharp decline of prices for manufactured products, falling by 1.1% after increasing by 0.7% in Jun.
- Service inflation slowed to 0.7% in Jul, its weakest reading since Dec 2020, where the index also rose by 0.7%, while tobacco prices edged lower to 5.1%.
- Food and energy prices accelerated to 0.8% and 12.4%, respectively, with energy prices rising to the highest level since Oct 2018.
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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