French inflation data for March 2024 showed a decrease, with the Consumer Price Index (CPI) year-on-year (YoY) at 2.3% and Harmonized Index of Consumer Prices (HICP) YoY at 2.4%. The month-on-month (MoM) figures were lower than expected. This decline in inflation may influence the European Central Bank's decision on interest rates.
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