Report
Inflation is rising again in July (+0.8% YoY)
French CPI increased by 0.4% on a monthly basis in July and by + 0.8% YoY . This increase in prices is observed after a period of disinflation since early 2020 . The rebound is explained by an increase in energy prices (+1% MoM) and in services (+0.9% MoM). In addition, with the postponed sales period, prices of manufactured goods stabilized (0% MoM) . On the other hand , food prices decreased by -0.9% MoM.
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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.
Arno FONTAINE
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