2017 Economic Calendar
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France : CPI  
Released On 1/12/2017 2:45:00 AM For Dec(f), 2016
PriorConsensusActual
Month over Month0.3 %0.3 %0.3 %
Year over Year0.6 %0.6 %0.6 %

Highlights
The final December CPI showed no changes to the provisional data. A 0.3 percent monthly increase in prices saw the annual inflation rate edge a tick firmer to 0.6 percent, its highest reading since May 2014.

The final HICP similarly matched its flash print, also rising 0.3 percent versus November for a 0.8 percent yearly rate that was 0.1 percentage points higher than in mid-quarter.

The headline acceleration is good news but it flatters to deceive. Hence, seasonally adjusted, the CPI was only 0.1 percent firmer than in November and the core index, which excludes public sector prices, the most volatile categories and taxes, actually fell 0.1 percent as services held steady while manufacturing posted a 0.3 percent decline.

In other words, underlying trends remain soft. A pick-up in economic growth last quarter may help to provide a slight lift going forward but it will need to be sustained if inflation is to get anywhere close 2 percent in the foreseeable future.

Definition
The consumer price index (CPI) is a measure of the average price level of a fixed basket of goods and services purchased by consumers. Monthly and annual changes in the CPI represent the main rates of inflation. The national CPI is released alongside the HICP, Eurostat's harmonized measure of consumer prices. A flash estimate was released for the first time in January 2016 and is now published towards the end of each reference month.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/31/121/312/212/283/153/314/134/285/165/316/156/307/137/28
Release For: DecDecJanJanFebFebMarMarAprAprMayMayJunJunJul
 


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