France July preliminary CPI +6.1% vs +6.0% y/y expected

* Prior +5.8% * CPI +0.3% vs +0.3% m/m expected * Prior +0.7% * HICP +6.8% vs +6.7% y/y expected * Prior +6.5% * HICP +0.3% vs +0.3% m/m expected * Prior +0.9% French inflation continues to tick higher with the monthly reading also showing yet another increase in consumer prices - seeing a rise in 16 out of the last 17 months. That won't be too comforting for consumption activity with Q2 GDP data earlier having already shown domestic demand grinding to a halt. This article was written by Justin Low at www.forexlive.com.
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