BREAKING: French inflation higher than expected 🇫🇷 FRA40 muted

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

French HICP: actual 0.9% YoY; forecast 0.8% YoY; previous 0.9% YoY;
French HICP: actual 0.7% MoM; forecast 0.6% MoM; previous 0.2% MoM.
French CPI: actual 0.6% MoM; forecast 0.5% MoM; previous 0.2% MoM;
French CPI: actual 0.8% YoY; forecast 0.8% YoY; previous 0.8% YoY;

The core annual inflation remains unchanged from 1,3% in March. The main driver of this month's boosted reading is due to the hike in services (+1,1% MoM), particularly in transportation. The contract for the French blue chip index ceases to rebound from today's opening, holding onto the 7800 mark.

Source: xStation5

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