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In May 2023, consumer prices increased by 5.1% year on year

From insee.fr

Over a year, the Consumer Price Index (CPI) should rise by 5.1% in May 2023, after +5.9% in the previous month, according to the provisional estimate made at the end of the month. This decrease in inflation should result from a year-on-year slowdown in prices of energy, food, manufactured goods and services. The prices of tobacco should accelerate for the third consecutive month. Over one month, consumer prices should be almost unchanged (‑0.1%) in May 2023, after +0.6% in April. The decrease in energy prices should accentuate in the wake of petroleum product prices. Food prices should slow down and those of ... (full story)

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