France's consumer price inflation moderated slightly in May to the lowest level in more than four years amid a slowdown in costs for services and a continued fall in energy prices, preliminary data from the statistical office INSEE showed on Tuesday.
The consumer price index rose 0.7 percent on a yearly basis in May, slower than the 0.8 percent stable increase seen in April. Meanwhile, economists had expected inflation to rise to 0.9 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.