France: Harmonized inflation increases in February
Consumer prices rose 0.69% in February over the previous month, accelerating from January’s 0.25% increase. February’s result marked the highest reading since March 2019. The result was driven by rising prices for services and manufactured products.
Harmonized inflation increased to 4.1% in February from January’s 3.3%. February’s result marked the highest reading since July 2008. Meanwhile, the trend pointed up, with annual average harmonized inflation coming in at 2.6% in February (January: 2.3%). Lastly, consumer price inflation rose to 3.6% in February, from January’s 2.8%.