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Preliminary CPI from France lower than expected

9:09 AM 29 March 2024

France, preliminary HICP inflation. 2.4% vs Expected: 2.8%. Previous: 3.2% (0.3% vs. 0.6% forecast and 0.9% previous)

Preliminary CPI data: 2.3% vs. 2.6% forecast vs. 3% previous (0.2% m/m vs. 0.5% forecast vs. 0.9% previous)

  • PPI inflation: -5.7% y/y vs -5.1% previous (-1.7% m/m vs -1.2% previous)
  • Consumer spending m/m indicated 0% growth vs. 0.3% expectations and -0.3% previously
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