France: Inflation rises in April from March
Latest reading: Harmonized consumer prices were up 2.5% in annual terms in April, following a 2.0% increase in the prior month. April’s reading was the strongest since July 2024.
Relative to the previous month’s figures, there were higher price pressures for transportation (+8.2% on a year-on-year basis vs +5.3% in March), housing and utilities (+1.7% vs +1.2% in March) and restaurants and hotels (+3.3% vs +2.2% in March). In contrast, there were milder price pressures for food and non-alcoholic beverages (+1.4% vs +1.9% in March) and recreation (-0.4% vs +0.3% in March).
Meanwhile, consumer prices increased 2.2% on a year-on-year basis in April, following a 1.7% rise in the prior month.
Finally, harmonized consumer prices rose 1.15% in April in month-on-month terms, following a 1.10% increase in the prior month.