Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
French December consumer price inflation remained steady at a seasonally adjusted 0.3 percent, from previous 0.3 percent in November. Markets had also expected CPI to rise 0.3 percent last month.
French National Institute for Statistics and Economic Studies in its press release mentioned that the CPI seasonally adjusted increased slightly +0.1 percent, as in the previous month. On an annual basis, the CPI accelerated for the second consecutive month (+0.6 percent after +0.4 percent in October and +0.5 percent in November) and have reached its highest increase since May 2014.
The month-on-month increase came from an essentially seasonal rebound in services prices. Energy prices and food prices rose at the same pace as in November. Manufactured product prices were stable after a slight drop in November.
In December 2016, the core inflation indicator (ISJ) edged down to −0.1 percent after +0.1 percent in the previous month. Year on year, it dropped to 0.4 percent, after +0.5 percent in the two previous months. The Harmonised Index of Consumer Prices (HICP) increased by 0.3 percent over one month, after stability in November. Year on year, it accelerated to +0.8 percent, its highest change since May 2014.
