France's CPI up 6.2 pct in November-Xinhua

France's CPI up 6.2 pct in November

Source: Xinhua| 2022-11-30 20:21:45|Editor: huaxia

PARIS, Nov. 30 (Xinhua) -- France's consumer price index (CPI) is estimated to rise by 6.2 percent from a year earlier in November, provisional data from the French National Institute of Statistics and Economic Studies (INSEE) showed on Wednesday.

The INSEE noted that the prices of food would continue to surge in November by 12.2 percent, slightly higher than in October.

In the meantime, the prices of energy would slow down slightly, "notably linked with the least dynamism of the petroleum product prices," the institute said.

French Economy and Finance Minister Bruno Le Maire said last month the government planned to bring down the country's annual inflation rate to 5 percent by the beginning of 2023.

"It is not just an economic difficulty, it is a social difficulty, a political difficulty. People feel taken by the throat ... and that is how political crises start," Le Maire said.