France's inflation accelerated as estimated in May on energy and services costs, final data from the statistical office INSEE showed Friday.
Consumer price inflation rose to 2.4 percent in May from 2.2 percent in April. This was the highest since February 2024, when inflation was 3.0 percent. The inflation rate matched the preliminary estimate published on May 29.
Similarly, harmonized inflation advanced to 2.8 percent, matching estimate, from 2.5 percent in the previous month.
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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.