2018 Economic Calendar
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France : CPI  
Released On 2/28/2018 2:45:00 AM For Feb(p), 2018
Month over Month-0.1 %0.2 %0.1 %
Year over Year1.3 %1.4 %1.2 %

Consumer prices provisionally rose just 0.1 percent on the month in February. This put the annual inflation rate at 1.2 percent, off 0.1 percentage points versus its final January outcome to match its lowest reading since last October.

The flash HICP was only flat to stand 1.3 percent above its level a year ago, down from January's 1.5 percent annual rate.

The monthly fall in the annual CPI rate was largely attributable to food where inflation fell from 1.2 percent to 0.8 percent (fresh food minus 1.5 percent from 1.8 percent) alongside tobacco (4.9 percent after 5.8 percent) and services (1.1 percent after 1.3 percent). Manufactured goods (0.1 percent after 0.0 percent) saw a minimal rise while energy was flat (5.2 percent).

While the more volatile basket components had a negative impact, the deceleration in services warns of a possible slowdown in core inflation this month. This makes for some downside risk to the upcoming core Eurozone HICP indices due later this morning.

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

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