Latest data released by INSEE - 29 November 2019
- Prior 0.0%
- CPI +1.0% vs +1.0% y/y expected
- Prior +0.8%
- HICP +0.1% vs 0.0% m/m expected
- Prior -0.1%
- HICP +1.2% vs +1.1% y/y expected
- Prior +0.9%
Inflation pressures improve slightly relative to October and that should be welcome news for the ECB as this is largely consistent with readings from Germany and Spain yesterday. That said, there is still a long way to go to reach 2% so don't take too much heart in it.
