Report
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.
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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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