Natixis - What explains the temporary fall in inflation in August? (-0.1% MoM)

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Natixis

Arno FONTAINE

What explains the temporary fall in inflation in August? (-0.1% MoM)

French CPI decreased by -0.1% on a monthly basis in August and increased by + 0.2% YoY . This decrease in prices follows a slight rise in inflation in July (+0.4% MoM) but is mainly due to erratic factors such as delayed summer sales and more generally good price s volatility. Indeed, manufactured products decreased by -1.2% MoM and particularly clothes and shoes (-6.7% MoM). Also, transport prices dropped by -3.3% MoM.

14/09/2020 4 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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What explains the temporary fall in inflation in August? (-0.1% MoM)

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

Overview of the Asian covered bond market

Consolidation after the euphoria?

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