France April preliminary CPI +1.3% vs +1.3% y/y expected

Latest data released by INSEE – 30 April 2021

  • Prior +1.1%
  • HICP +1.7% vs +1.6% y/y expected
  • Prior +1.4%

The readings are more or less in line with estimates as it reaffirms higher inflation pressures, though that comes largely from base effect adjustments due to the crash in energy prices in April last year amid the pandemic impact.
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