French Inflation to Accelerate to 2% Next Month, Insee Says

AI Briefing

• – French inflation to reach 2% next month, according to latest forecast, driven by rising energy costs and higher food prices.
• – French economy expected to continue growing, with GDP growth forecast at 1.8% in 2023, but at slower pace than initial estimate of 2.2%
• – French government announces measures to combat inflation, including tax breaks for low-income households and increased funding for social services.