• French preliminary CPI flat in June

Market news

30 June 2017

French preliminary CPI flat in June

Over a year, the Consumer Price Index (CPI) should decelerate slighty in June 2017 (+0.7% after +0.8% in May), according to the provisional estimate made at the end of the month. This slight decrease in year-on-year inflation should be due to a further slowdown in energy prices. Services prices are set to rise at the same pace as in May. On the other hand, food prices should accelerate and manufactured product prices should decline less strongly than in the previous month.

Over one month, consumer prices should be stable, as in May. This stability should come from a fall in energy prices and a seasonal downturn in food prices, offset by a rise in services prices due to a rebound in transport services. Manufactured product prices should grow barely, as in the two previous months.

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