Economics

French Inflation Stabilizes as Pressure From Energy Prices Eases

  • Goods and food price increases offset energy last month
  • Inflation in November, December at highest level since 2008

Shoppers look at festive window decorations at the Galeries Lafayette department store, in Paris, France.

Photographer: Nathan Laine/Bloomberg
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French inflation stabilized in December, indicating price pressures may be near a peak in the euro area after surging on energy costs in the past few months.