Inflation remains stable in May

Inflation has remained virtually unchanged in May The price index rose 0.1%, after rising 0.3% in April, INSEE reported Friday. Over one year, the labels have increased 1.6%.

In May, the index was pushed up "by the new rising energy prices and the seasonal increase in prices of fresh products and some services, including insurance, says the National Institute of Statistics. In contrast, prices were dragged down by lower seasonal rates for heating and promotions on cars and telecom is INSEE No teletrack payday loans. In clothing, labels do not change, remaining stable on the month.

In detail, oil prices rose by 0.9% (+13.6% yoy), as a result of rising oil prices.In services, the insurance rates also appear to increase: 1.5% for the automotive (+7.6% YoY), 0.8% for health (+5.1% over one year) and +0.4% for residential (+4.2% YoY), details the INSEE. The food prices have also increased by 0.3%.

• The upturn in France continues apace
• The inspection work criticizes France Telecom
• The unemployment rate held steady at 10% in euro area
• Wall Street expected slightly lower
• The Paris markets continued in the red