France, July inflation confirmed to accelerate to 6.1%

France production still down in April

(Finance) – Inflation in France confirmed growing in July. According to the French National Statistical Institute (INSEE), inflation resulted in 6.1% increase on a trend basisas in the preliminary estimate, up compared to + 5.8% in June.

On a monthly basisconsumer prices registered a 0.3% increaseas in the preliminary estimate, compared to + 0.8% the previous month.

The harmonized dataa measure used by the ECB, recorded a positive change in 6.8% on an annual basisafter the previous + 6.5%, while on a monthly basis harmonized inflation shows an increase 0.3% after the previous + 0.9%.

(Photo: by Elizabeth Henchoz on Unsplash)

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