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Inflation in France rose to 5.2% in May, 4 tenths more than in April

This content was published on Jun 15, 2022 – 07:10

Paris, 15 June (EFE). – France’s annual inflation rate rose to 5.2% in May, four-tenths more than in April, which is mainly explained by the acceleration in energy prices and to a lesser extent by those of services, food and manufactured products.

The National Institute of Statistics (INSEE) on Wednesday presented final results for last month’s inflation, which crossed the 5% threshold for the first time since September 1985.

In a statement, the National Institute of Statistics and Information highlighted that the increase observed in May was primarily due to energy, with a 27.8% drawdown in twelve months (the annual rise was 26.5% in April).

In services, progress in twelve months rose to 3.2% in May compared to 3% in April; in food by 4.3%, compared to 3.8%; And in manufactured products, it increased by 3% compared to 2.6%.

Core inflation, which excludes (usually more volatile) energy and food prices, also rose to 3.7% in May, five-tenths more than it was in April. EFE

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