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France July preliminary CPI +2.3% vs +2.4% y/y expected

Prior +2.2%HICP +2.6% vs +2.7% y/y expectedPrior +2.5%

The readings are a marginal miss on estimates but are a touch higher compared to June. Services inflation are still a sticky point at 2.5% but at least much lower than in June, seen at 2.9% last month.

This article was written by Justin Low at www.forexlive.com.

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