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France October preliminary CPI +1.2% vs +1.1% y/y expected

  • Prior +1.1%
  • HICP +1.5% vs +1.5% y/y expected
  • Prior +1.4%

This matches up with the slight upticks in Spain and Germany from yesterday as well. The good news at least here is that services inflation is seen easing further to 2.2%, down from 2.4% previously.

This article was written by Justin Low at www.forexlive.com.

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