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France Inflation February 2020

France: Harmonized inflation inches down in February

Consumer prices were stable month-on-month in February, after falling 0.4% in January according to a first estimate by Statistical Institute (INSEE) on 28 February. Higher prices for manufactured goods and services were offset by lower oil prices. Similarly, harmonized consumer prices were unchanged on a monthly basis, following a 0.5% decline in the preceding month.

Meanwhile, harmonized inflation eased to 1.6% in February (January: 1.7%), while annual average harmonized inflation was steady at January’s 1.3%.

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