(RTTNews) – Consumer value inflation in France rose as estimated first in July, according to the most recent knowledge of the Insee statistics workplace on Friday.
Consumer costs increased 0.8 consistent with year-over-year cents in July, after a 0.2 consistent with the accumulation of cents in June, as estimated.
The latest inflation was mainly driven by a sharp increase in the prices of manufacturing products, linked to the postponed summer sales, and a smaller fall in energy prices, the agency said.
Prices of manufactured goods rose to 1.8 according to the penny and energy fell to 7.4 according to the penny.
Meanwhile, food inflation fell from 2.6% to 1.1%. Cargo slowed to 0.9% after emerging through 1.1% in June.
On a monthly basis, customer costs increased by 0.4% in July, after an increase of 0.1% a month ago, as estimated in the first place.
Underlying inflation rose to 1.4% in July from 0.3% per month.
Inflation, based on the harmonized index of consumer prices, increased to 0.9 percent from 0.2 percent in June, as estimated.
On a monthly basis, the IPCH rose to 0.4% compared to 0.1% last month, as estimated in the first place.