France Inflation Rate Eases To 1.2% In February
Consumer prices in France are set to rise 1.2 percent year-on-year in February of 2017, compared to a 1.3 percent gain in January, preliminary figure showed. While prices of food, energy and services rose at faster paces, cost of manufactured products fell more than in a month earlier.
2/28/2017 11:04:45 AM
Year-on-year, upward prices pressure came from: food (1.5 percent), fresh food (10.8 percent), other food (0.1 percent), tobacco (1.0 percent), energy (11.4 percent) services (1.1 percent). In contrast, downward prices pressure was recorded for: manufactured products (-1.6 percent).
On a monthly basis, consumer prices are expected to increase 0.1 percent, after a 0.2 percent fall in the previous month.
The Harmonized Index of Consumer Prices (HICP) edge up by 0.1 percent on the month, following a 0.3 percent decrease in a month earlier . Year-on-year, it rose 1.4 percent, compared to a 1.6 percent rise in January.