French inflation falls to one-year low

French consumer prices rose by 6.0% in May 2023, after rising by 6.9% in April 2023, the national statistics agency INSEE said. This was also the lowest level since May 2022.

Customers shop at a supermarket in Lille, northern France. (Photo: AFP/VNA)

French inflation cooled to its lowest level in a year in May due to moderate increases in energy and food prices, official data showed on Wednesday.

French consumer prices rose by 6.0% in May 2023, after rising by 6.9% in April 2023, the national statistics agency INSEE said. This was also the lowest level since May 2022.

In particular, energy price inflation slowed, falling from 6.8% in April 2023 to 2.0% in May 2023, while food price inflation also declined from 15.0% to 14.1%.

Food prices rose after producers and retailers agreed to raise prices by an average of 10% in price negotiations in March 2023./.

(Vietnam News Agency/Vietnam+)

Source: https://baodaknong.vn/lam-phat-cua-phap-xuong-muc-thap-nhat-trong-vong-mot-nam-150408.html