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France’s annual consumer price inflation remained unchanged in July, matching both forecasts and initial estimates, the national statistics agency INSEE confirmed on Thursday.

The EU-harmonized inflation rate — which allows comparisons across euro zone countries — stood at 0.9% year-on-year, the same pace recorded in June.

A Reuters survey of 17 analysts had projected the July rate at 0.9%, in line with INSEE’s preliminary reading. Photo by Pfctdayelise, Wikimedia commons.