French Provisional July CPI Falls 0.4% on Month
July 29 2016 - 3:25AM
Dow Jones News
By William Horobin
PARIS--French consumer prices dropped 0.4% in July from June due
mainly to declines in the prices of manufactured goods during the
summer sales season, statistics agency Insee said Friday.
The provisional reading of the consumer price index was also
weighed down by a decline in energy prices, Insee said.
Still, the measures of inflation watched by the European Central
Bank--a harmonized reading of annual price changes--rose 0.4%,
marking an acceleration from the 0.3% recorded in June.
Write to William Horobin at william.horobin@wsj.com
(END) Dow Jones Newswires
July 29, 2016 03:10 ET (07:10 GMT)
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