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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
French flash October inflation came broadly in line with expectations for both CPI and HICP. The annual CPI print was driven lower by a slowdown in energy, food and non-energy industrial goods prices.
- However, services prices rose on an annual and monthly basis (drive largely by transport prices), which pushed the M/M prints back into positive territory. Services were 0.3% M/M (vs -1.6% prior) and 3.2% Y/Y (vs 2.9% prior).
- Overall, the print may suggest sideways progress on core metrics in October.
- CPI was 4.0% Y/Y (4.0% cons; 4.9% prior) and 0.1% M/M (0.2% cons; -0.5% prior), while HICP was 4.5% Y/Y (4.5% cons; 5.7% prior) and 0.2% M/M (0.2% cons; -0.6% prior).
- The image plots the Y/Y and M/M evolution of the headline:
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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