French inflation holds steady at 0.9% in July, meets expectations

Investing.com -- French consumer price inflation remained stable at 0.9% year-on-year in July, matching both analyst expectations and the preliminary reading, according to data released by statistics office INSEE on Thursday.

The harmonized inflation rate, which is adjusted for comparison with other euro zone countries, held at 0.9% compared to the same month last year.

The figures confirm the preliminary estimates previously published by the French statistics office and align with market forecasts for the month.

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