Central Banks
Villeroy Says French Inflation Has Likely Reached Its Peak
- Food price rises should start to slow in second half, he says
- Bank of France chief comments in RTL radio interview
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French inflation is probably at its peak today and should slow to about 4% by the end of 2023, according to Bank of France Governor Francois Villeroy de Galhau.
Food price increases should start to slow in the second half of the year, given that, for example, global wheat prices have begun to ease since the end of last year, he told RTL in a radio interview Tuesday.