French CPI was stable for the second consecutive month

Noticias del mercado

13 julio 2017

French CPI was stable for the second consecutive month

In June 2017, the Consumer Prices Index (CPI) was stable for the second consecutive month. Seasonally adjusted, it was unchanged too, after a downturn by 0.2% in May. Year on year, consumer prices slowed down slightly (+0.7% after +0.8%).

Over a month, the increase in services prices due to a seasonal rebound in airfares was offset by a drop in energy prices and a downturn in food prices. The prices of manufactured products rose barely over a month, as in the two previous months.

Switzerland: Producer & Import Prices, y/y, June -0.1% (forecast 0%)

Positive start of trading expected on the main European stock markets: DAX + 0.1%, CAC 40 + 0.1%, FTSE 100 + 0.1%.

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