Price rise in France slows to 5.1% year on year in May

by time news

2023-05-31 16:31:43

Inflation marked a marked slowdown in May in France, an upturn however clouded by household consumption which accentuated its decline and bodes well for more difficult months to come for the country’s economy. Prices continued to rise over one year in May, by 5.1%, but less sharply than in previous months (5.9% in April and 6% at the start of the year), according to INSEE.
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