FOREX TradingCharts.com

Financial News: French Inflation Highest Since Early 2020

French Inflation Highest Since Early 2020

05/28/2021 - 03:53:00 (RTTNews)

(RTTNews) - France's consumer prices rose at the fastest pace in more than a year in May, flash data from statistical office Insee showed on Friday.

Consumer price inflation accelerated to 1.4 percent from 1.2 percent in April. The rate came in line with economists' expectations and a similar higher rate was last reported in February 2020.

The increase was largely driven by the acceleration in energy prices to 11.8 percent from 8.8 percent. Meanwhile, the prices of manufactured goods remained stable and the decline in food prices slowed marginally to 0.2 percent. The prices of services grew 1 percent, data showed.

The harmonized inflation accelerated to 1.8 percent in May, as expected, from 1.6 percent in April.

Month-on-month, consumer prices advanced 0.3 percent, following a 0.1 percent rise in April. At the same time, the harmonized index of consumer price inflation doubled to 0.4 percent from 0.2 percent in April and was above economists' forecast of 0.3 percent.

Another report from the statistical office showed that domestic producer price inflation climbed sharply to 7.3 percent in April from 4.6 percent in March. On a monthly basis, producer prices slid 0.3 percent, reversing March's 1 percent increase.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Indonesia Holds Key Interest Rate Steady (44 min(s), 34 sec(s) ago)
(RTTNews) - Indonesia's central bank left its key interest rates unchanged on Thursday, citing ...Full Story»

U.S. Leading Economic Index Jumps In Line With Estimates In May (02 hr(s), 16 min(s), 34 sec(s) ago)
(RTTNews) - Suggesting strong economic growth will continue in the near term, the Conference Board ...Full Story»

Philly Fed Index Points To Modest Slowdown In Growth In June (03 hr(s), 58 min(s), 34 sec(s) ago)
(RTTNews) - Philadelphia-area manufacturing activity expanded at a slightly slower rate in the mon ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Increase After Six Straight Declines (04 hr(s), 13 min(s), 34 sec(s) ago)
(RTTNews) - After reporting decreases in first-time claims for U.S. unemployment benefits for six ...Full Story»

Taiwan Central Bank Holds Rate At Record Low (04 hr(s), 41 min(s), 34 sec(s) ago)
(RTTNews) - Taiwan's central bank kept its key interest rates unchanged at a record low, as wi ...Full Story»

Philly Fed Index Edges Down Slightly More Than Expected In June (04 hr(s), 44 min(s), 34 sec(s) ago)
(RTTNews) - Philadelphia-area manufacturing activity expanded at a slightly slower rate in the mon ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Rise To 412,000 (04 hr(s), 49 min(s), 34 sec(s) ago)
(RTTNews) - After reporting decreases in first-time claims for U.S. unemployment benefits for six ...Full Story»

South Africa Retail Sales Grow In April (05 hr(s), 43 min(s), 34 sec(s) ago)
(RTTNews) - South Africa's retail sales accelerated in April, data from Statistics South Afric ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Indonesia Holds Key Interest Rate Steady

06/17/2021 - 12:41 PM (RTTNews)
(RTTNews) - Indonesia's central bank left its key interest rates unchanged on Thursday, citing ...Full Story>>

U.S. Leading Economic Index Jumps In Line With Estimates In May

06/17/2021 - 11:09 AM (RTTNews)
(RTTNews) - Suggesting strong economic growth will continue in the near term, the Conference Board ...Full Story>>

Philly Fed Index Points To Modest Slowdown In Growth In June

06/17/2021 - 09:27 AM (RTTNews)
(RTTNews) - Philadelphia-area manufacturing activity expanded at a slightly slower rate in the mon ...Full Story>>

U.S. Weekly Jobless Claims Unexpectedly Increase After Six Straight Declines

06/17/2021 - 09:12 AM (RTTNews)
(RTTNews) - After reporting decreases in first-time claims for U.S. unemployment benefits for six ...Full Story>>

Taiwan Central Bank Holds Rate At Record Low

06/17/2021 - 08:44 AM (RTTNews)
(RTTNews) - Taiwan's central bank kept its key interest rates unchanged at a record low, as wi ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.