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French Inflation Hits Another Record, Feeding Rate Debate

  • Prices jumped 5.8% from year ago in May, matching estimate
  • Separate report shows economy shrank 0.2% in first quarter
French consumer prices jumped 5.8% from a year ago in May.

French consumer prices jumped 5.8% from a year ago in May.

Photographer: Cyril Marcilhacy/Bloomberg
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French inflation accelerated to another all-time high, heaping pressure on the European Central Bank to lift interest rates more aggressively after strong readings in Germany and Spain.