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France consumer prices index was stable in February
According to the report from Insee, in February 2019, the Consumer Prices Index (CPI) was stable over a month, after a 0.4% downturn in December. The rebound in energy prices (+1.3% after −1.2%) was offset by a decline in fresh food prices (−1.3% after +2.4%) and the lesser drop in manufactured product prices (−0.4% after −2.1%). At last, the prices of services are stable in February.
Seasonally adjusted, consumer prices were stable over a month, after +0.2% in January.
Year on year, consumer prices increased by 1.3% in February 2019, after +1.2% in January. This slight rise in inflation came from a year-on-year acceleration in energy and food prices, partly offset by a slowdown in services prices and a higher decrease in those of manufactured products.
Year on year, core inflation was unchanged to +0.7%, as in the three previous months. The Harmonised Index of Consumer Prices (HICP) rebounded to +0.1% over a month in February, after −0.6% in January; year on year, it grew by 1.6%, after +1.4% in the previous month.
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