France: inflation estimated to fall slightly in February


(CercleFinance.com) – Over one year, according to the provisional estimate made by INSEE at the end of the month, consumer prices in France would increase by 2.9% in February 2024, a slight slowdown therefore after +3, 1% in January.

‘This drop in inflation would be due to the slowdown over one year in the prices of food, manufactured products and services. Conversely, energy and tobacco prices would accelerate,’ explains the statistics institute.

Over one month, consumer prices should rebound by 0.8% in February. In harmonized data, the price index would increase by 3.1% over one year (after +3.4% in January) and rebound by 0.9% over one month (after -0.2% the previous month).

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