News Update: French Consumer Prices Surge By 0.1% - Forex News by FX Leaders

News Update: French Consumer Prices Surge By 0.1%

Posted Friday, June 14, 2019 by
Arslan Butt • 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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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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