French consumer prices up 0.4% MoM, 1% YoY in Jun 2025
The prices of energy also rose by 0.6 per cent MoM after a 1.4-per cent drop in May, driven by those of petroleum products.
The French consumer price index rose by 0.4 per cent month on month (MoM) and 1 per cent YoY in June after a 0.1-per cent MoM drop and a 0.7-per cent YoY rise in May, official data show. Prices of manufactured goods rose by 0.1 per cent MoM and fell by 0.2 per cent YoY in June. The prices of clothing and footwear increased slightly by 0.2 per cent YoY in June after being stable in May.
Prices of manufactured goods rose by 0.1 per cent MoM in June as in May.
Seasonally-adjusted consumer prices also rose in June by 0.4 per cent, after remaining stable in May.
Year on year (YoY), consumer prices went up by 1 per cent in the month after a 0.7-per cent YoY rise in May this year. This rise was due to an acceleration in service prices and by a less sustained fall in energy prices (minus 6.7 per cent after minus 8.0 per cent).
Prices of manufactured products fell by 0.2 per cent YoY in June, at the same rate as in May.
Core inflation stood at 1.2 per cent YoY in June after 1.1 per cent in May.
Prices of energy fell by 6.7 per cent YoY in June 2025 after a 8-per cent YoY drop in May.
The prices of clothing and footwear increased slightly by 0.2 per cent YoY in June after been stable in May, while those of furniture and furnishings rebounded by 0.5 per cent in the month after a 0.5-per cent YoY drop in May.
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India.com
3 hours ago
- India.com
France denounces US-European Union trade deal, French PM calls it..., Emmanuel Macron...
(Image: President Donald Trump shakes hands with European Commission chief Ursula von der Leyen in Turnberry. Pic: Reuters) New Delhi: France has criticized Sunday's, July 28 trade deal between US President Donald Trump and European Union (EU) President Ursula von der Leyen. French Prime Minister François Bayrou called it a dark day for the EU. What did France say over US-EU trade deal? François Bayrou said the EU had bowed to President Trump's increasing tariff pressure. He wrote on X: 'It is sad when a coalition of independent countries, formed to protect their common values and interests, buckles under pressure.' At the same time, French Minister of European Affairs Benjamin Haddad said that this situation is not good and the EU should take countermeasures. French Trade Minister Laurent Saint-Martin said, 'Trump only understands the language of power. If we should have taken countermeasures earlier, the deal might have been better.' However, French President Emmanuel Macron has remained silent on the matter. What is the response of Italy and Germany? German Chancellor Friedrich Mertz and Italian Prime Minister Giorgia Meloni welcomed the agreement. European Trade Commissioner Maros Sefcovic called it a 'big step' as it averted a trade war between the USA and Europe. Under the agreement, most goods going from Europe to the US will face a 15% tariff, three times the current 4.8%. However, the 30% tariff was avoided after Trump's threat of August 1. How much of Europe's goods will face 15% tariff? According to the details of the agreement, 70% of goods from Europe will be subject to 15% tariff. This includes cars, medicines and electronics. However, some agricultural products such as aircraft parts, some chemicals, semiconductor equipment and cork will not be subject to tariffs. There will be no tariff on drugs yet, and if there is one in the future, it will not be more than 15%. The EU will buy energy worth 750 billion dollars or about 64 lakh crore rupees from America in the next three years. Along with this, the EU will invest 600 billion dollars i.e. 51 lakh crore rupees in America.
Mint
3 hours ago
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Reaction to the European Unions trade agreement with the Trump administration
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'A trade war may seem appealing to some, but it comes with serious consequences, with at least a 30% tariff," Šefčovič said. 'Our trans-Atlantic trade would effectively come to a halt, putting close to 5 million jobs, including those in SMEs in Europe, at grave risk. 'Our businesses have sent us a unanimous message: avoid escalation and work towards a solution that delivers immediate relief,' he said. Major exports to the U.S.: Aircraft, pharmaceuticals, luxury perfumes and leather goods, wine and spirits. Senior French officials on Monday criticized the accord, with Foreign Trade Minister Laurent Saint-Martin urging a European response in the services sector, and Strategy Commissioner Clément Beaune warning it underplayed the 27-nation bloc's economic strength. 'The good news is that there is an agreement — our companies now have visibility and stability in the trans-Atlantic trade relationship,' Saint-Martin said on France Inter radio. 'But this agreement is not balanced, and we will need to keep working." He pointed to digital services as a key front in the trade imbalance. 'Donald Trump spent months saying he wanted to rebalance a trade relationship that disadvantages the United States, but he was only talking about goods. If we look at services, it's the opposite. So it's up to us now to carry out the work of force and rebalancing,' he said. 'The United States decided to use force to impose a new law of the jungle that no longer respects the rules of international trade that we had for decades,' Saint-Martin said. Beaune, France's high commissioner for strategy and planning, said on franceinfo radio that 'this is an unequal and unbalanced agreement.' He warned that 'Europe did not wield its strength. We are the world's leading trading power.' 'When you look at it, the glass is a quarter full and three-quarters empty,' Beaune said. 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Time of India
5 hours ago
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French PM says US-EU trade deal a 'dark day' for Europe
PARIS: A day after the EU and US struck a trade deal Sunday, the French govt has come out swinging against the agreement, calling instead for tariff retaliation and warning that Europe would be politically weakened if it didn't hit back. Tired of too many ads? go ad free now "It is a dark day when an alliance of free peoples, gathered to affirm their values and defend their interests, resolves to submit," PM Francois Bayrou wrote on X about the deal, which imposes 15% tariffs on European imports to the US, but lowers barriers in European countries for American imports. France had been leading a charge in Europe to retaliate against the US before the deal, after an earlier threat by Trump to impose a punishing 30% tariff on the Europeans. Benjamin Haddad, France's minister in charge of European affairs, suggested that Trump's trade deal amounted to a predatory tactic and called for Europe to activate an anti-coercion instrument to tax US digital services, or to exclude US tech companies from public contracts in Europe. Despite France's push on other European countries to take a harder line, a majority of European countries had wanted a deal quickly. "I'm 100% sure that this deal is better than a trade war with the US," top EU trade negotiator Maros Sefcovic told journalists. The German chancellor, Friedrich Merz, and the Italian PM, Giorgia Meloni, too welcomed the deal. "The agreement has succeeded in averting a trade conflict that would have hit the export-oriented German economy hard," Merz said in a statement late on Sunday. "This has enabled us to safeguard our core interests. Tired of too many ads? go ad free now .." "I consider it positive that there is an agreement...," Meloni told journalists on the sidelines of a meeting in Addis Ababa on Sunday. Hungarian PM Viktor Orban, an ally Trump, too blasted the agreement. calling it a failure on the part of Europe's leadership. Orban said. "Trump ate (European Commission president) Ursula von der Leyen for breakfast, that's what happened."
