(News Bulletin 247) – Down around 0.3% towards 7380 points, futures on the CAC40 predict a cautious start to the session on the Paris Stock Exchange, as the publication of the latest figures from the Paris Stock Exchange approaches. inflation in the euro area, scrutinized closely from the perspective of monetary policy.
The morning will indeed see the release of the zone’s consumer price index for the month of April, for which Eurostat had announced at the end of last month, an annual rate very slightly accelerating to +7% as a quick estimate. .
‘The dynamics of basic goods have now reversed. However, the high inflation of services should keep underlying inflation at a high level, which worries the ECB’, estimated Deutsche Bank on this subject at the end of last week.
While waiting for this meeting, it should be noted that the unemployment rate as defined by the ILO remained stable at 7.1% of the active population in France (excluding Mayotte) over the first three months of the year, its lowest level. since the second quarter of 2020.
On the value side, the services group Elior publishes for its first half of 2022-23 an adjusted EBITA margin of 1.7%, up 2.4 points, but now expects it at the bottom of its initial range. 1.5 to 2% for the current fiscal year.
For its part, Vallourec posted an RBE (gross operating income) up to 320 million euros for its first quarter of 2023, allowing the tube manufacturer to confirm its objective of a further increase in 2022.
Still in terms of quarterly publications of companies in Paris, operators will also be able to react to those, published Tuesday evening, of the video game publisher Ubisoft and the group of stock exchange platforms Euronext.
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