In September, inflation in France beat a ten-year record due to the increase in energy prices, reports Reuters with reference to the data of the statistical agency insee.
As reported by INSEE, the consumer price index fell by 0.2 percent compared with August, against the background of which the inflation rate was 2.7 percent in September, compared with 2.4 percent in August. The September indicator was the highest since December 2011, but it turned out to be below the average forecast of 2.8 percent.
France, like all of Europe, faced a sharp increase in energy prices. According to INSEE, in September they rose by 14.4 percent per year, and the price of gas has established a new record in Europe at all. At the auction September 30, the price of gas in Europe has set a record, reaching a level of $ 1098 per thousand cubic meters. The previous record was installed on September 29 at $ 1061 per thousand cubic meters.
Gas prices put the restoration of the European economy, which was a sign of which the closure of two plants of the major producer of CF Industries fertilizer fertilizers in the UK due to high energy prices. Europe was not ready for the heating season, which will come in a month. She has no opportunity to replenish reserves, the fullness of warehouses is at the lowest level for more than ten years. At the same time, fuel prices are growing.