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France Inflation Softens To 13-Month Low, Q1 GDP Recovers As Estimated

Por: RTTNews Business May 31, 2023

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The French consumer price inflation moderated more than expected to hit a 13-month low in May on food and energy prices, data released by the statistical office INSEE revealed Wednesday. The statistical office also confirmed that the second-largest recovered as previously estimated in the first quarter despite the weak domestic demand. However, slowing inflation and weak household consumption suggested that the rebound is unlikely to last long.... + full article



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