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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)
FRANCE OCT CPI +1.0% M/M, +6.2% Y/Y; SEP -0.6%M/M, +5.6 Y/Y
- French inflation was confirmed at the fresh 1985 high of +6.2% y/y in October's final prints. This follows briefly easing price pressures in September.
- Energy prices rebounded (+5.8% m/m after -2.6%) after three consecutive months of cooling due to a jump in fuel costs. Food prices ticked up further (+1.7% m/m vs +1.1% prior).
- Core inflation increased by 0.5pp to +5.0% y/y alone, boosted by clothing and other manufactured products.
- This confirms that price pressures are becoming more broad-based, adding to concerns that the ECB will need to tighten policy more substantially to see inflation come off peaks.
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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