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In July 2023, consumer prices increased by 4.3% year on year
Over a year, the Consumer Price Index (CPI) should rise by 4.3% in July 2023, after +4.5% in the previous month, according to the provisional estimate made at the end of the month. This further decrease in inflation should result from a new year-on-year decline in energy prices and a slowdown in food prices (for the fourth consecutive month) and in those of manufactured goods. The prices of services should increase over one year at a rate close to that of the previous month. Over one month, consumer prices should be stable in July 2023, after +0.2% in June. The prices of energy should fall back due to the decrease in ... (full story)