By Scott Kanowsky
Investing.com -- French price growth decelerated by more than expected in August, edging down from its highest mark since the early 1990s during the previous month, but still remains at a historically elevated level.
The country's closely-watched consumer price index rose by 6.5% when harmonized with the European Union's methodology. Economists had anticipated the reading to slow to 6.7% in August, after the key measure of domestic inflation jumped by 6.8% in July.