France’s May Inflation Falls More Than Expected as Energy and Service Prices Slow
Inflation in France experienced a greater-than-anticipated decline in May, with energy and service prices contributing to the slowdown. However, the overall inflation level still surpasses the European Central Bank’s (ECB) target. Data released by France’s National Statistical Office (Insee) reveals that the country’s consumer price index (CPI) increased by 5.1 percent in May, compared to …
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