France August inflation rises to 2.4% (prelim)
France’s harmonized inflation rate rose to 2.7% year-on-year in August, up from 2.4% in July, driven mainly by higher energy prices, notably petroleum products. Energy inflation surged sharply (one report cites a 16.7% annual rise), while food inflation edged higher and manufactured goods prices continued to ease. Services inflation eased slightly, helping to moderate overall price gains alongside the energy-driven uptick. On a monthly basis, consumer prices climbed around 0.7% to 0.8%, supported by a seasonal rebound in manufactured goods prices after summer sales. The broader takeaway is renewed inflationary pressure from energy costs despite softer underlying service pressures. All trackers consistently report the same August reading and its energy-driven composition.



