France's inflation eased to the lowest in five years in January and remained well below the European Central Bank's target of 2 percent, final data from the statistical office INSEE revealed Wednesday.
The consumer price index rose only 0.3 percent on a yearly basis in January, following the 0.8 percent increase seen in December. This was the weakest rate since December 2020, when prices remained flat. The statistical office confirmed the estimate published on February 3.
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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.