France: Harmonized inflation hits over two-year high in June
Consumer prices rose 0.16% in June over the previous month, moderating from May’s 0.32% increase, according to a preliminary reading.
Inflation ticked up to 1.5% in June, from the previous month’s 1.4%. Meanwhile, harmonized inflation increased to 1.9% in June, following May’s 1.8%, marking the highest inflation rate since December 2018. Lastly, annual average harmonized inflation rose to 0.8% in June (May: 0.7%).