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French HICP Prelim. Y/Y 1.9% vs. Exp. 1.90% (Prev. 1.10%, Low. 1.5%, High. 2.1%)

The preliminary French HICP showing a year-on-year increase of 1.9% aligns closely with expectations, indicating stability in inflation trends.

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French HICP Prelim. Y/Y 1.9% vs. Exp. 1.90% (Prev. 1.10%, Low. 1.5%, High. 2.1%)

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This is a notable rise from the previous figure of 1.1%, suggesting upward pressure on prices that may influence ECB policy decisions on interest rates moving forward. Overall, while the print is in line with forecasts, it reinforces the notion of persistent inflation in the Eurozone.

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