France June preliminary CPI +2.1% vs +2.3% prior

• Prior +2.3%
• HICP +2.5% vs +2.5% y/y expected
• Prior +2.6%

The good news is that headline annual inflation continues to moderate and inch closer towards the desired 2% mark. But as is the case with the rest of the region, services inflation remains a key sticking point. Here is the breakdown:

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