France July final HICP +1.5% vs +1.6% y/y prelim

Latest data released by INSEE – 13 August 2021

  • CPI +1.2% vs +1.2% y/y prelim
The preliminary report can be found here. Little change to initial estimates as French inflation cools off a little last month, keeping below the ECB target of 2%. Amid inflation fears, we can only wait and see how the trend plays out in the months ahead to be certain of how robust price pressures are once the summer comes to an end.

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