The Harmonised Inflation Rate MoM measures the percentage change in consumer prices in France compared with the previous month. This indicator is compiled by Eurostat and national statistical institutes using harmonised methods, and it is used to assess inflationary trends, which are monitored closely by policymakers and can influence economic expectations.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.