The French consumer price index (CPI) rose by 1.4% in March over a month, after +0.8% in February, and up by 4.5% year-on-year, the French National Institute of Statistics and Economic Studies (Insee) announced on Friday.
Energy prices amounted to (+ 9% after +3.6%) in the wake of those of petroleum products (+17.0% after +5.6%), Insee added, noting that prices of manufactured goods (+1.4% after +0.6%) and food (+0.9% after +0.3%).
Prices for services slowed (+0.2% after +0.5%) due to the decline in prices for transportation services (-0.9% after +4.0%).
Consumer prices are up 1.0%, after +0.7% in February, added the same source.
Over a year, consumer prices rose by 4.5%, after +3.6% in February, notes INSEE, pointing out that this marked increase in inflation is the result of the soaring in energy prices (+29.2% after +21.1%), food (+2.9% after +2.1%) and then services (+2.3% after +2.2%).
Prices for manufactured goods slowed slightly (+2.1% after +2.2%). The year-on-year decline in tobacco prices showed a slight decrease by end of February (-0.1%).
Underlying inflation increased in March by 2.5% year-on-year, as in February. The Harmonized Index of Consumer Prices (HICP) increased by 1.6% over one month, after +0.9% in February.
Over one year, it increased by 5.1%, after +4.2% the previous month.
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