France: Harmonized inflation remains steady in December
January 14, 2022
Consumer prices rose 0.22% from the previous month in December, below November's 0.36% rise. December's result marked the weakest reading since September. December’s result was largely attributed to falling prices for energy, which more than offset higher prices for food and non-alcoholic beverages as well as for services.
Harmonized inflation came in at 3.4% in December, unchanged from November’s result. December's figure marked the highest inflation rate since August 2008. Meanwhile, the trend pointed up, with annual average harmonized inflation coming in at 2.1% in December (November: 1.8%). Lastly, consumer price inflation was steady, coming in at November's 2.8% in December.