France Inflation Rate Slows To 1.1% In March
Consumer prices in France are set to rise 1.1 percent year-on-year in March of 2017, compared to a 1.2 percent gain in February, preliminary estimates showed. While prices went up at a slower pace for food, energy and services, cost of manufactured products continued to fall.
3/31/2017 7:21:54 AM
Year-on-year, prices increased less than in a month earlier for: food (0.8 percent, namely fresh food: 4.5 percent and other food: 0.2 percent), tobacco (2.8 percent), energy (9.9 percent) and services (1.0 percent). In contrast, prices fell for manufactured products (-1.0 percent).
On a monthly basis, consumer prices are expected to increase 0.6 percent, after a 0.1 percent rise in the previous month. It was the highest figure since March 2016.
The Harmonized Index of Consumer Prices (HICP) rose 0.7 percent on the month, following a 0.1 percent increase in a month earlier . Year-on-year, it rose 1.4 percent, the same as in a month earlier.