Market news
15.09.2021, 07:03

French consumer price index rose in line with forecasts in August

According to the report from INSEE, in August 2021, the Consumer Price Index (CPI) rose by 0.6% over one month, after +0.1% in July. The prices of manufactured goods rebounded sharply (+1.1% after −1.8%) linked to the end of summer sales. The prices of food accelerated (+0.7% after +0.1%) and those of tobacco were stable after a decrease in the previous month. The prices of services (+0.4% after +0.7%) and those of energy (+0.6% after +2.2%) slowed down.

Seasonally adjusted, consumer prices rose by 0.4% in August, as in July.

Year on year, consumer prices grew by 1.9%, after +1.2% in July. This increase in inflation resulted from the rebound in manufactured good prices (+1.1% after −1.1%). The prices of food (+1.3% after +0.9%) and those of energy (+12.7% after +12.3%) accelerated. The prices of services increased slightly (+0.7% after +0.6%). The increase in tobacco prices maintained at the same level as in the last month (+5.1%).

Year on year, core inflation grew in August, up to +1.5%, after +0.4% in July. The Harmonised Index of Consumer Prices (HICP) rose by 0.7% over one month after +0.1% in the previous month; year on year, it increased by 2.4%, after +1.5% in July.

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location