? According to the final data released by the French National Institute of Statistics and Economics on the 28th, France's GDP did not grow month-on-month in the second quarter of this year, lower than the 0.2% increase previously estimated; the economic growth rate in the first quarter was also adjusted to a 0.2% decline from the previous 0.1% decline. The agency said that the main reason for this reduction is “the agricultural production situation has deteriorated further compared to the forecast at the end of July.” Furthermore, the increase in commercial service prices, which had not been fully grasped before, was also higher than expected, especially in the transportation service sector. According to the data, in the second quarter of this year, the month-on-month increase in transport and warehousing service prices in France increased from 1.1% in the first quarter to 3.0%, with road freight service prices rising from 1.5% to 4.1%. French Minister of Economy and Finance Roland Lescure told the media on the same day that the reduction in economic growth is “the first concrete manifestation” of the impact of this summer's bad weather on the French economy. He said that this year's harvest may be “extremely difficult” for some industries and regions, and the related impact may continue into the third quarter. The French National Institute of Statistics and Economics also released some preliminary data on the same day. Among them, the French consumer price index rose 2.4% year on year in August, up from 2.1% in July. The acceleration in inflation is mainly driven by an increase in energy prices, and the rise in petroleum product prices is quite obvious.

? According to the final data released by the French National Institute of Statistics and Economics on the 28th, France's GDP did not grow month-on-month in the second quarter of this year, lower than the 0.2% increase previously estimated; the economic growth rate in the first quarter was also adjusted to a 0.2% decline from the previous 0.1% decline. The agency said that the main reason for this reduction is “the agricultural production situation has deteriorated further compared to the forecast at the end of July.” Furthermore, the increase in commercial service prices, which had not been fully grasped before, was also higher than expected, especially in the transportation service sector. According to the data, in the second quarter of this year, the month-on-month increase in transport and warehousing service prices in France increased from 1.1% in the first quarter to 3.0%, with road freight service prices rising from 1.5% to 4.1%. French Minister of Economy and Finance Roland Lescure told the media on the same day that the reduction in economic growth is “the first concrete manifestation” of the impact of this summer's bad weather on the French economy. He said that this year's harvest may be “extremely difficult” for some industries and regions, and the related impact may continue into the third quarter. The French National Institute of Statistics and Economics also released some preliminary data on the same day. Among them, the French consumer price index rose 2.4% year on year in August, up from 2.1% in July. The acceleration in inflation is mainly driven by an increase in energy prices, and the rise in petroleum product prices is quite obvious.