FX.co ★ CAC 40 Rises Ahead Of Eurozone GDP Data

French stocks rose on Wednesday in anticipation of the forthcoming euro area flash GDP data and industrial production figures, set to be released later in the day.

Expectations from Eurostat suggest a confirmation of 0.3 percent sequential growth for the second quarter. Industrial production for June is forecasted to rebound by 0.5 percent month-on-month, following a decline of 0.6 percent in May.

In separate data, the statistical institute Insee reported that French consumer prices increased by 2.3 percent in July year-over-year, a slight uptick from June's 2.2 percent rate, corroborating the preliminary figures published two weeks prior.

The benchmark CAC 40 index climbed by 48 points, or 0.7 percent, to 7,324, after a 0.4 percent increase in the previous session.