Global Economic News

French Inflation Rises On Energy Prices; GDP Growth Confirmed

France's inflation accelerated in August, driven by energy prices, after slowing for three straight months, official data showed on Thursday.

Consumer price inflation rose to a three-month high of 4.8 percent in August from 4.3 percent in July, the statistical office INSEE reported. The rate was also above economists' forecast of 4.6 percent.

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by Renju Jaya

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