France: Consumer prices in April drop in annual terms
April 29, 2016
According to a preliminary estimate released by the national statistical institute (INSEE), consumer prices in April rose 0.1% over the previous month, coming in below the 0.7% increase tallied in March.
In annual terms, consumer prices fell 0.2% in April, which was less than the 0.1% drop tallied in March. Meanwhile, annual average inflation in April remained stable at March’s 0.1%.
Harmonized consumer prices (based on the harmonized index of consumer prices (HICP)) rose 0.1% over the previous month (March: +0.8% month-on-month). Harmonized consumer prices fell 0.1% annually in April, mirroring the print observed in March. Annual average HICP inflation inched down from 0.2% in March to 0.1% in April.