French CPI (EU Norm) Prelim MM (Dec) 0.10% vs. Exp. 0.10% (Prev. -0.20%)
The preliminary French CPI print for December came in line with expectations at 0.10%, which is a recovery from the previous month's contraction of -0.20%.
UK grocery inflation 4.3% in the four weeks to Dec 28th (prev. 4.7% in Nov); grocery sales +3.8% Y/Y over the four-week period
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French CPI (EU Norm) Prelim MM (Dec) 0.10% vs. Exp. 0.10% (Prev. -0.20%)
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This stability in consumer prices suggests underlying inflation pressures may be holding steady, which is important for market participants as it could influence the ECB's approach to future rate decisions.
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