News list for "French adjustment"

France's annual inflation rate falls to its lowest level in three years

On August 30, France recorded a revised annual CPI rate of 2.2% in July, falling to the lowest level since July 2021, providing further justification for the European Central Bank to continue cutting interest rates after lower-than-expected inflation in Germany and Spain. The preliminary euro zone CPI annual rate for August, which will be released later today, is also expected to fall back to 2.2%. Investors believe that recent inflation trends in the euro zone, combined with slow economic growt...

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2024-08-30 06:52:41
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