BREAKING: French CPI slightly higher; GDP in line with expectations 📌

7:48 AM 30 August 2024

07:45 AM BST, France - GDP data:

  • French GDP (Q2): forecast 1.1% YoY; previous 1.1% YoY;
  • French GDP (Q2): actual 0.2% QoQ; forecast 0.3% QoQ; previous 0.2% QoQ;

07:45 AM BST, France - Inflation Data for August:

  • French CPI: actual 1.9% YoY; forecast 1.8% YoY; previous 2.3% YoY;
  • French CPI: actual 0.6% MoM; forecast 0.5% MoM; previous 0.2% MoM;
  • French HICP: actual 2.2% YoY; forecast 2.1% YoY; previous 2.7% YoY;
  • French HICP: actual 0.6% MoM; forecast 0.5% MoM; previous 0.2% MoM;
  • French Consumer Spending: actual 0.3% MoM; forecast 0.4% MoM; previous -0.6% MoM;

EURUSD reacts with a slight increase after the publication, however currently the initial reaction is reduced.

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