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French Inflation Eases to Lowest Since March as Oil Prices Drop

French Inflation Eases to Lowest Since March as Oil Prices Drop
Bloomberg Markets Tuesday 30 June 2026, 06:45 UTC By William Horobin 1 min read
Key Points

Inflation & Prices French Inflation Eases to Lowest Since March as Oil Prices Drop French inflation slowed for the first time since the Iran war broke out as energy costs fell, alleviating pressure on the European Central Bank to keep raising interest rates. Consumer-price growth in the euro area’s second-largest economy softened to 2% in June from 2.8% the previous month, statistics agency Insee said on Tuesday. That was sharper than the slowdown to 2.3% expected by economists surveyed by...

Inflation & Prices French Inflation Eases to Lowest Since March as Oil Prices Drop French inflation slowed for the first time since the Iran war broke out as energy costs fell, alleviating pressure on the European Central Bank to keep raising interest rates. Consumer-price growth in the euro area’s second-largest economy softened to 2% in June from 2.8% the previous month, statistics agency Insee said on Tuesday. That was sharper than the slowdown to 2.3% expected by economists surveyed by Bloomberg.
French (ORG) the Iran war (EVENT) the European Central Bank (ORG) Insee (ORG) Bloomberg (ORG)
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