Inflation in France remains at historic high – report ...News

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Inflation in France remains at historic high – report
November consumer prices in the EU’s second-largest economy jumped 7.1% from a year ago, official statistics show The French economy continued to be hampered by record inflation in November, defying economists’ expectations of pressure relief, the National Institute of Statistics and Economic Research (Insee) reported on Wednesday. According to its preliminary estimates, consumer prices surged 7.1% from a year earlier, matching October’s increase. Analysts surveyed by Bloomberg had predicted a 7% rise. The report suggested that the price of food (excluding fresh produce) and manufactured goods, as well as services

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