Latest data released by INSEE - 6 January 2021
- Prior +0.2%
- CPI 0.0% vs +0.2% y/y expected
- Prior +0.2%
- HICP +0.2% vs +0.5% m/m expected
- Prior +0.2%
- HICP 0.0% vs+0.2% y/y expected
- Prior +0.2%
That is a relatively poor reading to round off the year as annual headline inflation comes in at 0%. This just reaffirms the more subdued price pressures across the region towards the end of last year, which should also be reflected in the German reading later.
