French inflation reaches 3.6%, near 18-year high

AFP, July, 2008

PARIS (AFP) — French 12-month inflation reached 3.6 percent in June, the highest level since October 1990 marking a near 18-year peak, the official statistics institute INSEE told AFP on Wednesday.

Earlier INSEE had reported that prices rose by 0.4 percent in June from the May level, owing to increased prices for oil-based goods ...