French inflation slowed in August due to falling energy prices

According to the French statistics office (INSEE), the French consumer price index (CPI) rose by 5.8% year on year in August. This was slower than in the previous month, when the increase was 6.1%, due to higher energy prices.

The slowdown in inflation was the result of a slowdown in energy prices, which rose 22.2% year on year in August, down from a 28.5% increase in July.

In the rest of the eurozone, annual inflation in Germany jumped to 8.8%, while inflation in Spain slowed to 10.3% in August.

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