France's inflation eased to a seven-month low in December due to a more pronounced fall in energy prices, provisional estimate from the statistical office INSEE showed on Tuesday.
The consumer price index logged an annual increase of 0.8 percent, following November's 0.9 percent rise. This was the slowest rate since May. Prices were expected to rise again by 0.9 percent.
EU harmonized inflation also slowed unexpectedly in December, to 0.7 percent from 0.8 percent in November. Economists had forecast the rate to remain unchanged at 0.8 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
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.