rench inflation to remain low

Inflation in France is expected to remain low, even though the war in Iran may lead to slightly higher prices and lower growth globally, Bank of ⁠France governor Francois Villeroy de Galhau said on Wednesday.



Villeroy said in a interview "The meaning of this crisis is unfortunately becoming clearer with each passing day. Economically, it means a little more inflation and a little less growth,"



France has consistently kept consumer prices among the lowest in the euro zone and below the European Central Bank's target of 2%.



The Bank of France ⁠chief, who also sits on the ECB governing council and who will leave his post in June, echoed comments made by other European ⁠central bankers ⁠proposing a wait-and-see approach ⁠amid the crisis in Iran.