French Inflation Accelerates to Highest in Two Years
Inflation in France quickened to the fastest pace in more than two years as surging oil and natural gas costs continue to weigh on Europeโs economy. Inflationย in the euro areaโs second-biggest economy stood at 3.4% in September, up from 2.6% in August, statistics agency Insee said. The reading keeps pressure on theย European Central Bankย to continue raising interest rates. Bloomberg's Oliver Crook has the details. (Source: Bloomberg)