France's inflation accelerated in August, driven by energy prices, after slowing for three straight months, official data showed on Thursday.
Consumer price inflation rose to a three-month high of 4.8 percent in August from 4.3 percent in July, the statistical office INSEE reported. The rate was also above economists' forecast of 4.6 percent.
The increase was driven by the 6.8 percent rebound in energy prices. Meanwhile, food price inflation slowed for the fifth straight month in August, to 11.1 percent from 12.7 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.