According to INSEE data, prices have risen by 1.8% for the past year, linked to a clear slowdown in energy prices.
Prices rose by 1.8% year-on-year in August in France, INSEE said on Friday, confirming that inflation had returned below the symbolic threshold of 2% for the first time in three years and even slightly lowering its initial estimate (1.9%).
After reaching 2.3% year-on-year in July, the consumer price index’s growth slowed in August due to a “very clear slowdown in energy prices,” according to a statement from the National Institute of Statistics and Economic Studies. However, in one month, inflation stood at 0.5%, which represents an acceleration compared to July (+0.2%).
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Source: BFM TV
