News Update: French Consumer Prices Surge By 0.1%
According to the recent report released by INSEE, the French the Consumer Prices Index (CPI) rose by 0.1% in May, after +0.3% surge in...
Arslan Butt•Friday, June 14, 2019•1 min read
According to the recent report released by INSEE, the French the Consumer Prices Index (CPI) rose by 0.1% in May, after a +0.3% surge in April 2019. This slowdown came following a downturn, over a month, in services prices (−0.2% after +0.5%).
- Manufactured product (+0.2% after +0.1%)
- Tobacco (+0.3% after +0.1%) increased more than in the previous month. Energy prices rose at the same pace as in April (+0.6%).
- Seasonally adjusted consumer prices fell back by 0.1% over a month, after +0.3% in April.
- Annual consumer prices slowed down in May to +0.9% after +1.3% in April 2019.
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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