{"id":54735,"date":"2025-01-07T09:36:00","date_gmt":"2025-01-07T09:36:00","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/01\/07\/cac-modestly-higher-after-inflation-data\/"},"modified":"2025-01-07T09:36:00","modified_gmt":"2025-01-07T09:36:00","slug":"cac-modestly-higher-after-inflation-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/01\/07\/cac-modestly-higher-after-inflation-data\/","title":{"rendered":"CAC Modestly Higher After Inflation Data"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks are up in positive territory Tuesday morning, extending gains from previous session, with investors digesting the data on the nation&#8217;s consumer price inflation, and looking ahead to the euro zone consumer price data.<\/p>\n<p>The benchmark CAC 40 index is up 22.33 points or 0.3% at 7,468.02.<\/p>\n<p>Unibail Rodamco is surging 2.3% and Vivendi is gaining about 2.2%. Pernod Ricard is advancing nearly 2%, while Vinci, Thales, Kering, Hermes International, LVMH and Dasssault Systemes are up 1 to 1.5%.<\/p>\n<p>Eurofins Scientific, Legrand, Stellantis, L&#8217;Oreal, Safran and Schneider Electric are modestly higher.<\/p>\n<p>Societe Generale, Edenred, Teleperformance, Credit Agricole and Saint-Gobain are down 0.3 to 0.7%.<\/p>\n<p>France&#8217;s consumer price inflation remained stable at the end of the year, a provisional estimate from the statistical office INSEE showed. Consumer price inflation came in at 1.3% in December, the same as in November. The rate was forecast to climb to 1.5%.<\/p>\n<p>Meanwhile, harmonized inflation edged up to 1.8% in December from 1.7% a month ago. However, inflation remained below the European Central Bank&#8217;s target of 2%.<\/p>\n<p>Economists expect euro area inflation to have risen to 2.4% in December, up from 2.2% in November. The jobless rate is forecast to remain unchanged at 6.3% in November. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC Modestly Higher After Inflation Data<\/a><br \/>\n<br \/>2025-01-07 09:36:00<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks are up in positive territory Tuesday morning, extending gains from previous session, with investors digesting the data on the nation&#8217;s consumer price inflation, and looking ahead to the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":54736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-54735","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/54735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=54735"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/54735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/54736"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=54735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=54735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=54735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}