Paris, July 10 (Xinhua) -- The final data released by the French National Institute of Statistics and Economic Research on the 10th showed that the consumer price index (CPI) in France rose by 1.8% year-on-year in June this year, slowing down from the 2.4% increase in May.

The report released by the French National Institute of Statistics and Economic Research on the same day pointed out that the significant narrowing of energy price increases is the main reason for the slowdown in inflation.

Data shows that energy prices in France increased by 11.0% year-on-year in June, compared to a 16.6% increase in May. The prices of various major energy products have shown a slowing trend in growth: the price of petroleum products increased by 19.7% year-on-year in June, a significant decrease from the 31.3% increase in May; The year-on-year increase in diesel prices decreased from 38.0% in May to 23.2%, gasoline prices decreased from 21.8% to 14.4%, and liquid fuel prices decreased from 57.4% to 37.9%.

In addition to energy prices, the prices of industrial manufactured goods have accelerated their decline, with a year-on-year decrease expanding from 0.6% in May to 1.1%, partly due to the impact of "seasonal promotions"; The year-on-year increase in service prices and food prices both slightly decreased by 0.2 percentage points compared to May, reaching 1.9% and 0.9% respectively; The year-on-year increase in tobacco prices was 3.3%, slightly higher than the level in May by 0.1 percentage points.

Editor: Wu Zhengsi

(Author Xinhua Finance)