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France Inflation Rises to 2.8% in May

France inflation rises to 2.8% in May, below Reuters forecast. Energy prices drive increase.

Harper Clark
ByHarper Clark- Senior Editor
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French consumer prices rose less than expected in May, preliminary data from INSEE showed.

The harmonized inflation rate hit 2.8% year-on-year, driven by higher energy costs, especially natural gas.

A Reuters poll of 19 analysts had forecast 2.9%.

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France Inflation Rises to 2.8% in May | Bond.az