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In May 2024, French consumer prices increased by 2.2% year on year
Over a year, the Consumer Price Index (CPI) should rise by 2.2% in May 2024, as in April, according to the provisional estimate made at the end of the month. This stagnation in inflation should be explained by a slight slowdown over a year in prices of services and tobacco, offset by a sharp acceleration in energy prices due to a base effect. Indeed, although energy prices fell between April and May 2024, they had fallen much more between April and May 2023. Year on year, prices for manufactured products and food should remain close to their previous month levels. Over one month, consumer prices should remain stable ... (full story)
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- Posted: May 31, 2024 2:48am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,551
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