French Inflation Quickens to Highest Level Since May on Energy

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Spanish inflation surged to more than double the European Central Bank ’s 2% target while France’s reading exceeded expectations, strengthening the case for an increase in interest rates next month. Prices in Spain , which continues to boast the fastest economic expansion among the euro zone’s biggest members, jumped 4.5% from a year ago in August. That’s the fastest since 2023 though just short of the median estimate in a Bloomberg survey.

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