Inflation maintains its pace in December, at 2.8% over one year

The consumer price index rose 2.8% over one year in December, the same rate as in November, reported the National Institute of Statistics and Economic Studies (Insee) in a first provisional estimate, Tuesday January 4.

The prices of manufactured products and food have accelerated markedly, but those of energy slowed with an increase of 18.6% over one year, after an increase of 21.6% the previous month, detailed the institute.

Food prices rose 1.4% year on year in December, and fresh produce 3.3%, while those of manufactured products rose 1.2%. Services, for their part, saw their prices rise by 1.8% over one year.

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Over one month, the rise in consumer prices fell to 0.2%, after 0.4% in November, thanks to a decline in energy prices in the wake of those of petroleum products. Still over one month, the prices of manufactured products were stable while those of services and food saw their increase accelerate, according to these provisional figures.

Finally, the harmonized consumer price index, calculated differently and which serves as a basis for comparison at European level, increased in December by 3.4% over one year, as in the previous month.

The World with AFP

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