PARIS, Aug. 29 (Xinhua) -- France's preliminary Consumer Price Index (CPI) rose 0.9 percent year-on-year in August 2025, slightly below expectations of a 1.0 percent increase and down from July's 1.0 percent reading, the National Institute of Statistics and Economic Studies (INSEE) reported on Friday.
INSEE noted that the modest decline in inflation was largely due to a slowdown in services prices, particularly in the transport sector. In August 2024, Paris had implemented a special, higher fare structure for public transport during the Olympic Games, creating a temporary price surge. The absence of that effect this year contributed to softer transport price growth.
Elsewhere, food and tobacco prices are expected to rise at the same pace as in July, while energy prices should continue falling but at a slower rate, down 6.2 percent year-on-year in August compared with 7.2 percent in July.
The softer-than-expected inflation data add to evidence that price pressures are easing across the Eurozone.
France's inflation has fallen dramatically since peaking at 6.3 percent in February 2023. Since August 2024, it has consistently remained well below the European Central Bank's 2 percent target. ■
