empty
 
 

2021.05.1210:34:00UTC+00France Inflation At 14-Month High

French inflation reached a 14-month high in April, but the rate was below the initial estimate, final data from the statistical office Insee showed on Wednesday.

Consumer price inflation rose to 1.2 percent in April from 1.1 percent in March. The initial estimate was 1.3 percent. Nonetheless, this was the highest since February 2020, when the rate was 1.4 percent.

Data showed that the energy price inflation increased to 8.8 percent from 4.7 percent and those of services accelerated slightly to 1.2 percent from 1.1 percent.

The tobacco prices grew at the same rate as in the previous month, by 5.8 percent. The decrease in manufactured goods prices was maintained at 0.2 percent and the food prices fell back 0.3 percent.

On a monthly basis, the consumer price index edged up 0.1 percent versus March's 0.6 percent increase. According to flash estimate, monthly inflation was 0.2 percent.

On a yearly basis, inflation based on the harmonized index of consumer prices advanced to 1.6 percent from 1.4 percent in March. The rate was below the preliminary estimate of 1.7 percent.

The HICP gained 0.2 percent month-on-month versus a 0.7 percent increase in the previous month and preliminary rate of 0.3 percent.

The core inflation rate accelerated to 1 percent in April from 0.8 percent in March.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback