City
Epaper

French govt aims for 5% inflation in early 2024: Report

By IANS | Updated: October 21, 2022 08:50 IST

Paris, Oct 21 French Finance Minister Bruno Le Maire has said that he aims to bring down the ...

Open in App

Paris, Oct 21 French Finance Minister Bruno Le Maire has said that he aims to bring down the country's annual inflation rate to 5 per cent by the beginning of 2023.

Presenting the government's economic objectives at a debate on the protection of companies, Le Maire said that he wanted to reduce inflation to 4 per cent by the end of 2023 and 2 per cent in 2024, reports Xinhua news agency.

He acknowledged that the price increases "generate anxiety" for households.

"It is not just an economic difficulty, it is a social difficulty, a political difficulty. People feel taken by the throat ... and that is how political crises start," the Minister said.

In September, the country's consumer price index increased by 5.6 per cent year-on-year after 5.9 per cent in August, according to the National Institute of Statistics and Economic Studies.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Alice and the MayorXinhuaBruno Le Maire
Open in App

Related Stories

InternationalMajor UK Railway Stations Hit by Cyber Attack; Network Rail Suspends Wi-Fi Service

InternationalGreece braces for first summer heat wave

PoliticsSudan govt willing to work with all parties to end conflict

InternationalCyprus prepares for emergencies in face of approaching heat wave

PoliticsUkraine receives cluster munitions from US

Politics Realted Stories

Politics'Not the first time': Congress leader Deepak Bhardwaj slams Assam Police deployment in Delhi over Pawan Khera

PoliticsJharkhand CM Soren dismisses BJP's win claims, says 'people will decide' in Assam Polls

PoliticsTripura CM Saha attacks Tipra Motha, 427 Join BJP at Ampinagar rally

PoliticsCM Pinarayi Vijayan's 'Dash Mone Revanth,' jab at Telangana counterpart's "Nee Po..." on eve of Keralam polls

PoliticsAkhil Gogoi slams Assam CM over Police raid on Pawan Khera's residence, accuses Govt of "Hitler-style rule"