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

Latest data released by INSEE – 31 March 2021

  • Prior +0.6%
  • HICP +1.4% vs +1.5% y/y expected
  • Prior +0.8%

After the bump in German inflation seen yesterday, France is also reflecting a similar uptick in March as base effect adjustments come into play. That reaffirms expectations of a bump higher in the overall Eurozone report later in the day as well. Source

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