France CPI June flash mm +0.2% as exp

French inflation data report now out 30 June 2016

  • +0.4% prev
  • yy +0.2% as exp vs 0.0% prev
  • HICP flash mm +0.2% as exp vs +0.5% prev
  • yy +0.2% as exp +0.0%

Producer Price Index data for May also out:

  • mm +0.3% vs -0.4% revised up from -0.5%
  • yy -3.5% vs -4.2% prev revised down from -4.1%

Consumer Spending May:

  • mm-0.7% vs 0.0% exp vs -0.1% prev
  • yy +2.2% vs +2.5% vs +2.8% prev revised up from +2.5%

Neither of these is going to make any immediate price impact on FX but one for general filing/assessment purposes.

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