French inflation at sixth month high of 0.3pc in June

PARIS: French consumer prices rose 0.2 percent in June from May, giving an annual rate of 0.3 percent, the highest since January, a preliminary reading of EU-harmonised data from the INSEE statistics agency showed on Thursday.

A Reuters poll of 21 economists had an average forecast for annual inflation of 0.3 percent, with estimates ranging from 0.1 percent to 0.5 percent.

Separately, INSEE said producer prices rose 0.3 percent in May, but fell 3.5 percent over 12 months.