Natixis - Inflation still subdued in France (+0.2% YoY)

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Natixis

Arno FONTAINE

Inflation still subdued in France (+0.2% YoY)

French CPI increased by 0.1% on a monthly basis in June and by + 0.2% YoY . These still subdued figures are explained by a strong decrease in food (and especially fresh products at -4.7% MoM) and in clothes (-1.3% MoM). However, some bullish elements appear: energy prices are increasing again (+1.8% MoM) as well as transport prices (+5.1% MoM) .

15/07/2020 3 EN

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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.

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Analysts

Arno FONTAINE

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Inflation still subdued in France (+0.2% YoY)

Long Bono 01/41 vs. Short Bund 05/41

Overview of the Asian covered bond market

Consolidation after the euphoria?

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