French CPI rose 0.3% in December, as expected

Market news

12 January 2018

French CPI rose 0.3% in December, as expected

In December 2017, the Consumer Prices Index (CPI) gathered pace at +0.3% after +0.1% in November. This sharper rise came from a seasonal rebound in services prices and, in a lesser extent, from that of manufactured product prices. On the other hand, energy prices and tobacco prices slowed down and those of food were stable.

Seasonally adjusted, consumer prices hardly slowed down after a slight acceleration in the previous month: +0.1% after +0.2% in November.

Major European stock exchanges trading in the green zone: FTSE 7767.51 +4.57 + 0.06%, DAX 13235.42 +32.52 + 0.25%, CAC 5501.02 +12.47 + 0.23%

France: CPI, m/m, December 0.3% (forecast 0.3%)

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