The French government is facing pressure to create a budget that balances market confidence and political stability due to concerns about the sustainability of the country's deficit. However, it is premature to compare this situation to the recent political turmoil in the UK.
In Tokyo, consumer price inflation has been driven up by increasing food and fuel costs, but core inflation remains stable. Recent data suggests weaker-than-expected retail sales and industrial production, indicating that domestic demand may not significantly impact core inflation trends.
In the Eurozone, it is expected that flash consumer price inflation for November will remain largely unchanged, with German inflation figures falling short of expectations. This is happening ahead of critical elections next year, as the European Central Bank prepares to release its consumer inflation survey, which reflects public expectations regarding price movements. Additionally, upcoming UK consumer credit data is expected, but strong growth in real household income suggests that consumer spending is not heavily reliant on credit financing.