France's harmonized consumer price inflation accelerated slightly more than initially estimated in March, final data from the statistical office INSEE revealed Wednesday. EU harmonized inflation hit 2 percent in March, which was up from the initial estimate of 1.9 percent and exceeded the 1.1 percent rise in February.
At the same time, the statistical office confirmed that consumer price inflation rose to 1.7 percent, as previously estimated, from 0.9 percent in February. This was the sharpest rise since August 2024.
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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.