French inflation climbed Beyond the previous month to a record high of 6.5% according to official Prime numbers on Thursday, adding headwinds to the eurozone second- the biggest economy.
Prices statistics agency INSEE said in June was up 0.8% compared to May, and the initial inflation rate on June 12 was 6.5%. Analysts polled by Reuters had expected annual initial inflation in June 6.3%.
The institute said that food and energy prices rose sharply due to the turmoil caused by Russian prices invasion of Ukraine.
President Emmanuel Macron government Under pressure as a result of The higher cost of living, while the European Central Bank (ECB) has indicated that it will raise interest rates in July and September to try to process rising inflation.
Elsewhere within the eurozone economic bloc this week, German inflation for June had unexpectedly slipped to 8.2% from 8.7% in In May, Spain’s 12-month inflation rose to 10.2%. in june occasion first The time it has exceeded 10% since April 1985.
The world’s top middle bank Chiefs this week said that bring down high inflation around world It would be painful and it could even crash economic growth However, it had to be done quickly.
European Central Bank President Christine Lagarde said low inflation of The pre-pandemic era will not return and the European Central Bank, which has continued to underestimate it price growthhe had to act now because price growth probably remain above target 2% for Next years.
