FRANCE: FOOD PRICES IN SUPERMARKETS CONTINUE TO CLIMB, ACCORDING TO INSEE
(Reuters) – The prices of consumer products sold in supermarkets in France rose in July by 6.4% year on year, according to figures published on Friday by INSEE, an eighth consecutive monthly acceleration.
Prices of meat sold in supermarkets in the country climbed 9.0% year on year, after 7.2% in June, the institute said in a statement. Those of beverages accelerated by 4.6% over one year, against 3.6% the previous month.
INSEE also confirmed on Friday that inflation in France calculated according to European standards had reached 6.8% over one year in July.
(Report Juliette Portala in Gdansk, edited by Kate Entringer)