The French statistical office Insee released its preliminary consumer price inflation for France on Thursday. The French consumer price inflation increased 0.7% in March, after a 0.3% rise in February.
The monthly increase was mainly driven by a seasonal price upturn in manufactured product after the end of winter sales.
On a yearly basis, the consumer price index remained unchanged at -0.2% in March.
The annual drop was driven by a fall in energy prices.
Food prices rose 0.4% year-on-year in March, services prices climbed 0.8%, while energy prices dropped by 7.0%.
The post French preliminary consumer price inflation increases 0.7% in March appeared first on forex-analytics.press.