French provisional May inflation report 31 May 2016

  • +0.1% prev
  • yy -0.1% as exp vs -0.2% prev
  • HICP mm +0.3% as exp vs +0.1% prev
  • yy 0.0% as exp vs -0.1% prev
  • PP1 mm -0.5% vs +0.3% prev
  • yy -4.1% vs -3.9% prev revised up from -4.0%

Small steps for CPI but in the right direction at least.

EURUSD going nowhere fast till at 1.1130. EURGBP nudging higher sending GBPUSD lower