French stocks experienced a slight dip on Tuesday as investors wait for the release of the U.S consumer price inflation data. The data is projected to reveal a further slowdown in price increases.
In domestic news, France's unemployment rate remained consistent in the fourth quarter, following an increase in the two prior quarters, according to a report from the French National Institute of Statistics and Economic Studies (INSEE).
The ILO unemployment rate was at 7.5 percent during the fourth quarter, mirroring the rate from the prior quarter, which underwent a minor revision from 7.4 percent.
The agency stated that the unemployment rate presently stands 0.4 points higher than at the conclusion of 2022. This earlier rate was the lowest it had been since 1982.
The population of individuals without work rose by 29,000, bringing the total to 2.3 million by the end of the fourth quarter in December.
Meanwhile, the benchmark CAC 40 index dropped by 24 points or 0.3 percent, closing at 7,666. This decline came after a 0.6 percent increase the previous day.
