Report
FRENCH INFLATION AT 2.3% IN AUGUST STILL OVER 2%
Boosted by higher oil prices and tax increases on energy and tobacco , French inflation (CPI) increased by 2. 3 % YoY in August . French consumer prices increased by 0.5% MoM in August (vs - 0. 1 % in July ) , mainly due to the seasonal rebound of prices in manufactured product s (1,1% MoM ) after the summer sales, while the energy component remained almost stable . Outlook : After 1% in 2017 on average, French inflation (CPI) should strongl y increase, reaching on average 1. 9 % in 2018 and 1.8% i n 2019.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Véronique Janod
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