France’s annual rate of inflation has risen in May at a faster pace than in April, beating forecasts and posting the highest reading since September 1985, according to preliminary data released by French statistics office Insee on Tuesday. Consumer prices rose 5.2% on year measured by national standards, against the 5.1% forecast by economists in a Wall Street Journal poll. They rose 4.8% on year in April.

Source: Wall Street Journal May 31, 2022 07:02 UTC