France January final CPI +2.9% vs +2.9% y/y prelim

  • HICP +3.3% vs +3.3% y/y prelim

No change to the initial estimates as French inflation continues to keep more elevated to start the year. At some point, the monthly readings are going to matter as well considering the base effect adjustments we will see to the year-on-year reading over time and in January, consumer prices still increased by 0.3% from December.

France CPI 01-2022

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