French final June inflation confirmed at +2.5%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/24/2026
- Wall Street closes lower to end rocky week
- Meta's capital-raising plans expose a major weakness in the AI boom
- Oil prices jump $3 on Houthi attacks, oil spill, highest settlement since April
- BofA flags further downside risk for stocks, yields and dollar
- SpaceX cell-site ambitions lift tower stocks and weigh on carriers
Tweet
Share
E-mail
FILE PHOTO: A shopper pays with a twenty Euro banknote at a local market in Nantes, France, February 1, 2024. REUTERS/Stephane Mahe/File Photo
(Reuters) -Consumer prices in France rose 2.5% year-on-year in June, statistics office INSEE said on Friday, confirming its preliminary reading published in late June.
EU-harmonised year-on-year inflation in the bloc's second-biggest economy slowed a little in June from May's reading of +2.6%.
This slight slowdown was due to weaker energy price inflation, in particular for petroleum products, as well as smaller rises in food prices, the figures showed.
However, prices of services accelerated slightly, while those of manufactured goods and tobacco remained stable.
On a monthly basis, prices increased 0.2% in June after a 0.1% rise in May, INSEE said, slightly revising upwards its earlier reading of a 0.1% rise.
(Reporting by Michal Aleksandrowicz in Gdansk; editing by Christina Fincher)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Belgian protesters and police skirmish at anti-government demonstrations in Brussels
- Flavio Bolsonaro, Lula about even ahead of Brazil election runoff, CNT/MDA poll shows
- Train hits minibus in Russia's Far East, killing six
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
