France's inflation eased more than estimated in August and reached the lowest since July 2021, revised data from the statistical office INSEE showed on Friday.
Consumer prices posted an annual increase of 1.8 percent in August, following a 2.3 percent rise in July.
The August rate was revised down from 1.9 percent and marked the weakest since July 2021.
At the same time, the EU harmonized inflation softened to 2.2 percent in August, in line with flash estimate, from 2.7 percent in the previous month.
On the other hand, core inflation increased to 1.7 percent from 1.5 percent in July.
Monthly CPI inflation advanced to 0.6 percent, which was revised up from 0.5 percent and follows 0.2 percent in July. The HICP grew by an unrevised 0.6 percent after a 0.2 percent rise.
The overall fall in inflation resulted from the very sharp slowdown in growth in energy prices to 0.4 percent from 8.5 percent. Conversely, the increase in cost of services accelerated to 3.0 percent from 2.6 percent.
Food prices increased 0.5 percent, while manufactured products prices fell 0.1 percent, data showed.
Economic News
作者：Renju Jaya，文章来源RTTNews，版权归原作者所有，如有侵权请联系本人删除。
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发