Following a rebound in HICP and CPI inflation in June, France’s inflation is likely to stabilize in July. According to a Societe Generale research report, France’s HICP inflation is likely to be stable at 0.3 percent year-on-year, whereas CPI inflation is expected to be at 0.2 percent year-on-year in July.
Downward pressure is expected to be put on inflation by the headline components as energy prices, following four straight monthly gains, are likely to drop in June. But, in spite of this weakness, the energy component is expected to record a slight lesser annual drop in July due to base effects, noted Societe Generale.
Furthermore, food prices are expected to ease thanks to seasonal factors. Even if the headline components are expected to ease, core inflation is expected to support inflation as non-energy industrial goods prices are likely to be stable on an annual basis but would register a month drop because of summer sales.
Core inflation is expected to rise marginally, owing to rise in services. Inflation in France is expected to rebound at a more rapid rate helped by base effects from energy prices in the future.


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
FxWirePro: Daily Commodity Tracker - 21st March, 2022
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 



