Annual consumer price inflation in France has decelerated to 2.1% in June from 2.3% in May, a preliminary figure showed on Friday.It has been the lowest inflation rate since August 2021.In June, price
France’s CPI inflation lowest since August 2021
Annual consumer price inflation in France has decelerated to 2.1% in June from 2.3% in May, a preliminary figure showed on Friday.
It has been the lowest inflation rate since August 2021.
In June, prices increased at a slower rate for food (0.8% YoY versus 1.3% YoY in May) and energy (4.8% YoY versus 5.7% YoY in May).
In the meantime, inflation remained stable for services, at 2.8%, and for tobacco, at 8.7%.
In monthly terms, consumer prices in the country edged up 0.1% in June after a flat performance in May.
The EUR/GBP currency pair settled 0.01% higher at 0.8469 on Friday. For the week, the minor currency pair edged up 0.17%.
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