Annual French inflation exceeded 5 percent in May as citizens continued to be battered by surging prices of food and energy, according to provisional data from the state’s statistical agency.
The 12-month Consumer Price Index (CPI), a measure of inflation, came out at 5.2 percent in May 2022, according to data from INSEE, the French National Institute of Statistics and Economic Studies. This is the highest level since September 1985. In April 2022, inflation was at 4.8 percent, while in May 2021, the inflation rate was just 1.4 percent.
