Forex
globalreutersApril 30, 20241 Mins read
France April preliminary CPI +2.2% vs +2.2% y/y expected
globalreutersApril 30, 20241 Mins read - Prior +2.3%
- HICP +2.4% vs +2.2% y/y expected
- Prior +2.4%
Headline annual inflation eases further in France, closing in on the 2% mark. The EU-harmonised reading is seen steady at 2.4% in April though. But all in all, the numbers here won’t do anything to derail the ECB from a June rate cut.
This article was written by Justin Low at www.forexlive.com.
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