HawkInsight

  • Contact Us
  • App
  • English

French CPI inflation rises to 3 in December.7%

France's annual consumer price index (CPI) inflation in December from a nearly two-year low in November 3.5% to 3.7%。3 with market expectations.8% compared to this data is slightly mild。

According to preliminary data from France's National Institute of Statistics and Economics (INSEE), France's annual consumer price index (CPI) inflation rate in December was 3 from a nearly two-year low in November..5% to 3.7%。3 with market expectations.8% compared to this data is slightly milder。

The increase in December was mainly driven by the increase in energy costs (up 5.6%, compared to 3 in November.1%) and growth in service costs (YoY growth 3.1%, compared to 2 in November.8%) to promote。

On the other hand, price increases for manufactured goods (up 1.4%, compared to 1 in November.9%), while inflation remained at 9.The 8% level。

Food inflation continued to fall in December, falling to 7.1%, about a 17-month low。

In terms of monthly comparison, consumer prices rose slightly in December from a year earlier..1%, compared to 0 in November.2% decline。

On the day, the euro rose 0 against the dollar..25%, the EUR / USD currency pair is finally quoted at 1.0948。

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.