França Taxa De Inflação

The annual inflation rate in France was confirmed at 2.3% in March 2024, down from 3% in February, and compared to initial forecasts of 2.6%. It marked the lowest level since September 2021, driven by a broad slowdown in prices for food (1.7% vs 3.6% in February), services (3.0% vs 3.2%), energy (3.4% vs 4.3%), and manufactured products (0.1% vs 0.4%). Tobacco prices also moderated sharply (10.7% vs 18.7%). On a monthly basis, consumer prices grew 0.2%, easing from a prior 0.8% advance, mainly due to a decline in energy costs, mostly gas and petroleum products. Considering the EU-harmonised index, prices rose 2.4% on the year and 0.2% on the month, also easing from 3.2% and 0.9% respectively in the previous month.