{"id":51280,"date":"2025-07-31T03:08:40","date_gmt":"2025-07-31T07:08:40","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/frances-inflation-holds-steady-in-july-while-boj-maintains-policy-amidst-economic-recovery-signals\/51280\/"},"modified":"2025-07-31T03:08:40","modified_gmt":"2025-07-31T07:08:40","slug":"frances-inflation-holds-steady-in-july-while-boj-maintains-policy-amidst-economic-recovery-signals","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/frances-inflation-holds-steady-in-july-while-boj-maintains-policy-amidst-economic-recovery-signals\/51280\/","title":{"rendered":"France&#8217;s Inflation Holds Steady in July, While BOJ Maintains Policy Amidst Economic Recovery Signals"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>France&#39;s July Consumer Price Index (CPI) remained stable at 1.0% year-over-year, aligning with expectations, while the harmonized CPI (EU-HICP) also held at 0.9% year-over-year.<\/strong><\/li>\n<li><strong>French Producer Price Index (PPI) year-over-year growth was 0.2% in July, unchanged from the previous month, while the month-over-month PPI saw a significant improvement to -0.2% from -0.8%.<\/strong><\/li>\n<li><strong>Bank of Japan (BOJ) Governor Kazuo Ueda indicated no significant change to the central bank&#39;s outlook for slower growth and inflation, maintaining the short-term interest rate at 0.5%.<\/strong><\/li>\n<li><strong>Ueda noted that Japan&#39;s economy is recovering moderately, despite some lingering weaknesses, reinforcing the BOJ&#39;s &quot;wait and see&quot; approach to monetary policy.<\/strong><\/li>\n<\/ul>\n<p>France&#39;s inflation figures for July showed a period of stability, with both the national and EU-harmonized Consumer Price Index (CPI) holding firm. The <strong>July CPI year-over-year actual was 1.0%<\/strong>, consistent with the previous month&#39;s reading and analyst estimates. Similarly, the <strong>EU Harmonized CPI year-over-year remained at 0.9%<\/strong>, matching the prior figure and slightly exceeding the 0.8% estimate. Month-over-month, the CPI registered a <strong>0.2% increase<\/strong>, in line with expectations but lower than the previous month&#39;s 0.4%. The EU Harmonized CPI month-over-month also saw a <strong>0.3% rise<\/strong>, compared to 0.4% previously.<\/p>\n<p>Producer prices in France presented a mixed picture. The <strong>Producer Price Index (PPI) year-over-year for July was 0.2%<\/strong>, unchanged from the prior month. However, the <strong>month-over-month PPI showed a notable improvement, coming in at -0.2%<\/strong> compared to the previous <strong>-0.8%<\/strong>. This suggests a slight easing in the pace of producer price declines.<\/p>\n<p>Meanwhile, the Bank of Japan (<a href=\"\/stock\/BOJ\">BOJ<\/a>) held its monetary policy steady. Governor Kazuo Ueda stated there was <em>no significant change to the central outlook<\/em> for slower growth and inflation, implying a continued cautious stance. The BOJ maintained its short-term interest rate at <strong>0.5%<\/strong> for the fourth consecutive meeting. Ueda acknowledged that Japan&#39;s economy is <em>recovering moderately<\/em>, though he noted that <em>some weaknesses remain<\/em>. This assessment comes despite the Japanese Yen (<a href=\"\/stock\/JPY\">JPY<\/a>) paring some losses against the Dollar (<a href=\"\/stock\/USD\">USD<\/a>) following Ueda&#39;s comments, which also highlighted the positive impact of the U.S.-Japan trade deal. The BOJ&#39;s patient approach reflects a careful balancing act between inflation risks and economic fragility, with potential for further tightening if inflation remains above 2% and wage growth accelerates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways France&#39;s July Consumer Price Index (CPI) remained stable at 1.0% year-over-year, aligning with expectations, while the harmonized CPI 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