#FrancePolitics #Market_Update #FranceBTC 💶 Macro and inflation | Marginal cooling across the board
🇫🇷 France inflation-lowest in five years
• CPI in January was 0.3% year-on-year (previous value 0.8%)
• Core inflation 0.7% (previous value 1.1%)
• Energy-7.6%
• Manufactured goods-1.2%
• Services 1.7% (decline)
• Food 1.9% (slight acceleration)
• EU unified inflation of 0.4%
• -0.3% MoM
➡️ Interpretation:
France has entered close to the "edge range of low inflation", and the fall in energy and commodity prices has become the main factor.