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In July 2016, French consumer prices increased by 0.2% year-on-year
In July 2016, according to the provisional estimate made at the end of the month, the Consumer Price Index (CPI) is set to decrease by 0.4% month-on-month, as in July 2015. This decline should be mainly due to summer sales, underlying the seasonal fall in prices of manufactured products, in particular items of clothing and footwear. Furthermore, energy prices should diminish again because of petroleum products. Conversely, prices of some services related to tourism are likely to rise seasonally in July. Finally, food prices should be almost stable. Year-on-year, consumer prices should grow by 0.2%, as in June 2016. ... (full story)