Consumer price index in France increased 0.10% on a month over month basis, data from French statistics office, Insee reported on Thursday. CPI gained 0.10% in April after a 0.70% increase in March. On a seasonally adjusted basis, consumer price index in France increased 0.10% in April, rising at the same pace as the prior month. On a year over year basis, French inflation was down 0.20% extending March's 0.20% decline. The month over month increase in inflation came with higher prices in the services sector and to a certain extent a moderate increase in petroleum product prices. Driving inflation higher was mobile phone services and passenger transport by air, which increased 1.70% and 3.70% respectively, while insurance prices gained 1.10%. Manufacturing product prices fell in the month due to sales promotion, while food prices remained stable.
German GDP growth expected to increase
Daily Analysis - 13/05/2016