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France August inflation rises to 2.4% (prelim)
Finance
— Aug 28, 2026
France's August inflation quickened to 2.7% year-on-year in the harmonized measure, driven by higher energy costs, especially petroleum products. Monthly CPI rose around 0.7% to 0.8%, and the euro-area HICP also advanced to 2.7% from 2.4%, with services and manufactured goods showing mixed movements.
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European stocks rise as French shares rebound
x/kevin-warsh
— Aug 28, 2026
European shares rose as French equities rebounded and investors weighed Fed Chair Warsh’s Jackson Hole remarks, with the STOXX 600 up about 0.5% and France’s CAC 40 near a 1% gain while banks and luxury names led the rally. Strong auto and luxury stock gains, along with hawkish talk on rates and France’s flat second-quarter GDP, underscored a cautious mood as ECB rate expectations firmed and sentiment looked to upcoming ratings reviews.
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