PARIS – French inflation softened slightly in June as the rise in energy prices slowed, French statistics agency Insee said Friday.
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Consumer prices in the eurozone's second largest economy were unchanged month-on-month in June and 0.7% higher on year. In May, the consumer price index rose 0.6% on year. The figures were in line with forecasts of economists polled by the Wall Street Journal.
France's HICP inflation--the measure closely watched by the European Central Bank--also slowed slightly to a 0.8% rise on year in June after 0.9% in May.
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(END) Dow Jones Newswires
June 30, 2017 03:13 ET (07:13 GMT)