France year-end review 2023: Towards subsidised clothing & shoe repair

France’s June CPI rose 0.2 per cent, showing stable seasonally adjusted prices, with a 4.5 per cent y-o-y increase.
Manufactured goods prices increased and clothing/footwear surged due to delayed summer sales.
Textile exports hit €3,139M in September.
France introduces a €154M scheme subsidising clothing and shoe repairs to reduce waste and promote sustainability.

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