France October preliminary CPI +1.2% vs +1.1% y/y expected

  • Latest data released by INSEE - 31 October 2024
FRCPI
  • Prior +1.1%
  • HICP +1.5% vs +1.5% y/y expected
  • Prior +1.4%

This matches up with the slight upticks in Spain and Germany from yesterday as well. The good news at least here is that services inflation is seen easing further to 2.2%, down from 2.4% previously.

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