A customer shops at a Carrefour hypermarket in Paris, France, January 4, 2024. REUTERS/Stephanie Lecocq/ File Photo
A customer shops at a Carrefour hypermarket in Paris, France, January 4, 2024. REUTERS/Stephanie Lecocq/ File Photo
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Business & Economy

French consumer inflation confirmed at 0.9% in July

(Reuters) -Consumer price inflation in France was stable in July and met analysts’ expectations and the preliminary reading, statistics office INSEE said on Thursday.

France’s harmonized inflation rate, adjusted for comparison with other euro zone countries, was +0.9% year-on-year in July, INSEE said.

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A poll of 17 analysts surveyed by Reuters had on average expected the +0.9% rate for EU-harmonised inflation. INSEE reported the same figure in its preliminary reading.

The consumer inflation rate was also at +0.9% year-on-year in June.

(Reporting by Leo Marchandon; Editing by Aidan Lewis)

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