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France September preliminary CPI +4.9% vs +5.1% y/y expected

Prior +4.9%HICP +5.6% vs +5.9% y/y expectedPrior +5.7%The readings are softer than estimated and will give the ECB some added comfort, alongside the lower German figures from yesterday. The monthly reading also shows a drop of 0.5% in consumer prices, so that does add to some optimism for the time being. That being said, ~5% inflation is still relatively high and it will take more time before really convincing of a return back to the 2% mark. This article was written by Justin L... Read More

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France

September

Preliminary

Expected

Forex

Posted: Sep 29 2023, 06:45

Author Name: forexlive

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