French inflation data for August 2024
September 13, 2024
The consumer price index (CPI) rose by 0.5% in August 2024, compared with +0.2% in July. The rise is mainly due to a rebound in the prices of manufactured goods following the July sell-off (+1.4% after -2.3%), especially clothing and footwear (+6.2% after -10.7%). Services prices also rose compared to the previous month (+0.5% after +1.2%), especially accommodation prices (+7.2% after +12.6%). Food prices rose slightly (+0.3% after -0.2%), while energy prices fell (-1.3% after +1.4%).
Tobacco prices remained unchanged compared to the previous month.