French Aug CPI up 0.3 pct from July, up 1.9 pct yr-on-yr

The French consumer price index for August rose 0.3 pct from July after falling 0.2 pct in July from June, according to the Insee statistics office.
The rise was in line with the consensus of economists polled by AFX News.
Year-on-year CPI was up 1.9 pct, the same as in July, although the economists had expected a slightly smaller rise of 1.8 pct.
Underlying 'core' inflation, which excludes products with either regulated or highly-volatile prices, rose 0.1 pct in August from July, the same pace as the month before.
Food and tobacco prices dropped 0.4 pct on the month, while prices of manufactured goods were up 0.9 pct and prices of services rose 0.2 pct.
The harmonised index of consumer prices (HICP), calculated to allow comparison with other EU members, was up 0.3 pct from July and rose 2.1 pct on the year.