France does not see second-round inflationary effects from Iran war, Bank of France's Moulin says

PARIS, July 3 (Reuters) - Emmanuel Moulin, France's central bank chief, said on Friday that what was happening in the Strait of Hormuz was broadly good news for inflation and that the central bank does not see second-round effects at the moment.

Moulin, speaking to Bloomberg TV, said French growth in June was soft and not very dynamic and a sharp increase in growth in the second quarter was not expected.


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