French HICP inflation should average -0.2% yoy in 2015: Societe Generale

Quotes from Societe Generale Cross Asset Research:

-Looking ahead, energy deflation should remain a major drag in the coming months, thus keeping French HICP inflation in negative territory until the end of the summer.

-Then the combination of rising brent prices and lower eur/usd should lift the HICP inflation rate to 0.8% yoy at year-end. In 2015, French HICP inflation should average -0.2% yoy and 1.5% yoy next year.