French inflation data for March 2024 showed a decrease in the Consumer Price Index (CPI) year-on-year to 2.3% from 3.0% and a decline in the Harmonized Index of Consumer Prices (HICP) year-on-year to 2.4% from 3.2%. The month-on-month figures also saw decreases in both CPI and HICP. The lower-than-expected inflation has led to speculation about potential interest rate cuts by the European Central Bank (ECB).
๐ด ADVANCE GOODS TRADE BALANCE FEBRUARY 2024 FULL REPORT https://t.co/BxXKhB1OgW
ITALIAN CPI (MOM) (MAR) ACTUAL: 0.1% VS 0.1% PREVIOUS; EST 0.1% ITALIAN CPI (YOY) (MAR) ACTUAL: 1.3% VS 0.8% PREVIOUS; EST 1.5%
๐ฎ๐น Italy Italian HICP (YoY) (Mar) $EUR Actual: 1.3% ๐ด Expected: 1.5% Previous: 0.8%
๐ฎ๐น Italy Italian CPI (YoY) (Mar) $EUR Actual: 1.3% ๐ด Expected: 1.4% Previous: 0.8%
#France's inflation slows in March, falls to 2.3% https://t.co/p4YLJ10z5A https://t.co/g0PQfePE00
French inflation slowed to 2.3% in March, down from 3.2% in February, a bigger fall than most economists expected. Price rises slowed all round with fresh food prices actually falling 3.9% in the year to March. Eurozone inflation fell to 2.6% last month, edging closer to ECBโsโฆ
French inflation falls faster than forecast https://t.co/6D3uwTOp6x
French inflation slows to the lowest level since August 2021 https://t.co/tUJiml2qTh via @WHorobin https://t.co/E2Df8h4Rcj
French inflation eased below 3% for the first time in 2 1/2 years, confirming a trend that has tipped the ECB toward cutting interest rates https://t.co/rkATdq7Bwt
๐ซ๐ท *#FRANCE MARCH EU-HARMONIZED CPI RISES 2.4% Y/Y; EST. +2.8% - BBG *FRANCE MARCH EU-HARMONIZED CPI RISES 0.3% M/M; EST. +0.6%
FRENCH HICP (MOM) ACTUAL: 0.3% VS 0.9% PREVIOUS FRENCH HICP (YOY) ACTUAL: 2.4% VS 3.2% PREVIOUS
FRENCH CPI (MOM) (MAR) ACTUAL: 0.2% VS 0.8% PREVIOUS FRENCH CPI (YOY) (MAR) ACTUAL: 2.3% VS 3.0% PREVIOUS
๐ซ๐ท France French HICP (YoY) $EUR Actual: 2.4% ๐ด Expected: 2.8% Previous: 3.2%
๐ซ๐ท France French HICP (MoM) $EUR Actual: 0.3% ๐ด Expected: 0.7% Previous: 0.9%
๐ซ๐ท France PPI (YoY) (Feb) $EUR Actual: -5.50% Previous: -4.90%
๐ด FRENCH HICP MARCH 2024 FULL REPORT https://t.co/gCi2SIud5H
๐ซ๐ท France French PPI (MoM) (Feb) $EUR Actual: -1.7% Previous: -1.0%
๐ซ๐ท France French CPI (YoY) (Mar) $EUR Actual: 2.3% ๐ด Expected: 2.6% Previous: 3.0%
๐ซ๐ท France French Consumer Spending (MoM) (Feb) $EUR Actual: 0.0% ๐ด Expected: 0.3% Previous: -0.6%
๐ด FRENCH CPI YOY NSA PRELIM ACTUAL 2.3% (FORECAST 2.6%, PREVIOUS 3.0%) $MACRO
๐ด FRENCH CONSUMER SPENDING MOM ACTUAL 0% (FORECAST 0.2%, PREVIOUS -0.3%) $MACRO
๐ด FRENCH PPI MOM ACTUAL -1.7% (FORECAST -, PREVIOUS -1.3%) $MACRO
๐ด FRENCH HICP YOY PRELIM ACTUAL 2.4% (FORECAST 2.8%, PREVIOUS 3.2%) $MACRO
๐ด FRENCH PPI YOY ACTUAL -5.5% (FORECAST -, PREVIOUS -5.1%) $MACRO