France August Final EU-Harmonized CPI Rises 2.6% YoY, Below 2.7% Preliminary

A downward revision to the final harmonized print matters less for its size than for what it signals: French inflation is settling nearer the euro-area target path rather than drifting above it, which subtly shifts the burden of the inflation debate toward other member states. The read carries weight for ECB watchers weighing whether disinflation is broad-based or concentrated in a few economies. Whether this softer French trend persists in coming releases, or proves a one-month revision quirk, is the open question.