France: Harmonized inflation inches down in February
March 13, 2020
In February, consumer prices were stable from the previous month after falling 0.4% in January, according to a preliminary release by the Statistical Institute (INSEE). Overall, lower prices for energy were largely offset by higher prices for services and manufactured products.
Harmonized consumer prices were stable as well month-on-month (January: -0.5%), while harmonized inflation came in at 1.6% (January: 1.7%). Meanwhile, annual average harmonized inflation was steady at 1.3%.
Author: Nicolás J. Aguilar, Economist