French preliminary inflation at 2.7% in August
8 Articles
8 Articles
French Inflation Quickens to Highest Level Since May on Energy
Spanish inflation surged to more than double the European Central Bank’s 2% target while France’s reading exceeded expectations, strengthening the case for an increase in interest rates next month.
This increase seems to be explained "mainly by the acceleration of energy prices" (+16.7%), according to the National Statistical Institute.
Forbes España
diarioestrategia.clIn August, France's Consumer Price Index (CPI), the second largest economy in the EU, recorded an annual increase of 2.4%, accelerating by three tenths in relation to the increase in the cost of living in July, according to the provisional estimate published on Friday by the National Institute of Economic and Statistical Studies (Insee). The harmonised rate of inflation of the country in question, used by Eurostat in its statistics, also increas…
Between growth at a standstill, inflation in sharp acceleration and consumption still solid, the French economy approaches the re-entry on a rather contrasting path.
The French CPI accelerates three tenths in August and the harmonised index reaches 2.7%, an uncomfortable signal for the ECB when eurozone inflation clearly remains above its target.
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