The rise in consumer prices accelerated sharply in August to 1.9% over one year, against 1.2% in July, according to the provisional estimate published Tuesday by INSEE.
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“
This rise in inflation would result in particular from the rebound in the prices of manufactured products in connection with the end of the summer sales.
The prices of food and energy would accelerate,
”notes the Institute of Statistics, whose use is to use the conditional since the estimates are provisional until the publication of final figures on September 15.
Consumer price increase of 0.6% over one month
He also underlines that “
the prices of services would increase slightly in line with those of transport.
The increase in tobacco prices should continue, over one year, at the same rate as the previous month
”.
Over one month, consumer prices rose 0.6% in August, after + 0.1% in July.
Also according to this estimate, the prices of manufactured products have "
clearly
" rebounded, those of food have accelerated "
in the wake of those of fresh products
" and those of tobacco are stable after a drop the previous month, underlines INSEE .
On the other hand, the prices of services and those of energy are slowing down.
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Finally, the harmonized consumer price index, which serves as a basis for comparison at European level, is likely to increase by 2.4% after + 1.5% in July. Over one month, it should grow by 0.7% after + 0.1% the previous month.