France June preliminary CPI +5.8% vs +5.7% y/y expected

* Prior +5.2% * HICP +6.5% vs +6.3% y/y expected * Prior +5.8% French inflation continues to soar, rising to near 6% now with little signs of letting up. The monthly number shows a 0.7% increase in inflation, so that won't provide much comfort. Meanwhile, the details show that the jump is broad-based (still led by energy though) with food inflation picking up again in June. This article was written by Justin Low at www.forexlive.com.
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