France's inflation accelerated to a 5-month high in February after easing to a 5-year low in January, while the economy logged slower growth as estimated in the fourth quarter, official data revealed Friday.
The consumer price index rose 1.0 percent yearly in February, faster than the 0.3 percent increase in January, which was the lowest inflation since December 2020. This was faster than the expected growth of 0.8 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.