The Magazine for Asian Investors
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.