France's consumer price inflation and producer price growth accelerated further to set a new records, driven by energy prices and supply disruptions due to the war in Ukraine, and the economic output failed to grow in the first quarter, raising the risk of stagflation.
The consumer price index rose 4.8 percent annually in April following a 4.5 percent increase in the previous month, preliminary figures from the statistical office INSEE showed Friday. The acceleration matched economists' expectations.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.