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- France consumer prices index was stable in February
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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