Particle.news

Download on the App Store

French Inflation Eases to 0.9% in August as Q2 Growth Confirmed at 0.3%

Insee attributes the dip to slower service inflation with energy still falling.

Overview

  • Consumer prices rose 0.4% on the month, a pickup from July tied to seasonal post‑sales increases, especially clothing.
  • Services inflation cooled to 2.1% year over year from 2.5% in July, while food prices continued to rise at 1.6%.
  • Energy prices were down 6.2% from a year earlier after a 7.2% drop in July, indicating a smaller decline.
  • The household saving rate climbed to 18.9% as goods consumption fell 0.3% in July and energy use slipped 1.7%.
  • Insee’s inflation reading is provisional, with final August figures due on 12 September.