Market Updates: French CPI Edged Down by 0.2% Over One Month
Arslan Butt•Thursday, December 13, 2018•1 min read
In November 2018, the French Consumer Prices Index (CPI) plunged by 0.2% over a month, after a 0.1% rise in October. As per the INSEE report, this downturn occurred in services prices (−0.3% after a stability in October) and in energy prices (−0.7% after +1.8%).
On the other hand, consumer prices in Germany were 2.3% higher in November 2018 than in November 2017.
The EUR/USD ticks up as German economic events do play a role in the Euro’s evaluation.
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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