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- French CPI rose 0.1% in June, as expected - Insee
French CPI rose 0.1% in June, as expected - Insee
Over a year, the Consumer Price Index (CPI) should accelerate barely in June 2018, to +2.1% after +2.0%, according to the provisional estimate made at the end of the month. This rise in the year-on-year inflation should result, as the previous month, from a year-on-year acceleration in energy prices, and to a lesser extent, in food product prices. In contrast, services prices should slowdown. In the end, manufactured product prices should drop at the same pace as in the previous month.
Over one month, consumer prices should slow down slightly in June, to +0.1% after +0.4% in May. This lower rise should come from a slowdown in energy prices and a seasonal downturn in food prices. Moreover, services prices should rise at the same pace as in the previous month: the drop in the rent prices in social housing should be offset by a seasonal rebound in transport services prices. Up in the previous month, manufactured product prices should be stable in June.
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