French consumer price growth slows to 5.9% in December

No time to read?
Get a summary

In France, consumer inflation was 5.9% on an annual basis in December. About to witness Preliminary data from the Office of National Statistics Insee.

It was noted that the rate of increase in consumer prices slowed down from 7.1% in November last month.

The increase in energy prices in France decreased from 18.4% in November to 15.1%. Food prices increased by 12.1% in December (the same figure was recorded in November 2022). Finished goods prices accelerated growth from 4.4% a month ago to 4.6%.

The weekly Le Journal du Dimanche cited the words of François Vileroy de Galo, Governor of the Bank of France, in the second half of December. Wrotethat the inflation rate in the republic has reached 7.1%, but so far below average values ​​in eurozone countries.

At the time, de Galo said several key factors were putting pressure on price increases in France. These include rising electricity and food prices.

Before that, Eurostat’s press service knowledgeableAccording to the final forecast, annual inflation in the Eurozone in November decreased to 10.1% in November from 10.6% in October.

No time to read?
Get a summary
Previous Article

Ibex 35 is up almost 0.6% at launch, surpassing 8,400 points

Next Article

Garage “Natasha”: how cars are stored in Yakutia at -50