France November preliminary CPI +0.9% vs +1.0% y/y expected

• Prior +0.9%
• HICP +0.8% vs +1.0% y/y expected
• Prior +0.8%

The figures are softer than estimated, so that at least helps to ease some of the concerns by the ECB that price pressures across the region remain stubborn. Again, it is mostly just Germany at this point. Looking at the details, food price inflation is up marginally to 1.4% (previously 1.3%) while services inflation declined to 2.2% (previously 2.4%) in November.

This article was written by Justin Low at investinglive.com.