The inflation rate in France reaches its highest level since mid-2024
The rate of consumer price inflation rose to its highest level since mid-2024 last April.
This is largely due to the sharp rise in energy costs, according to data from the French Statistics Office today.
The annual rate of consumer price inflation rose to 2.2% last April, after recording 1.7% last March. This is the fastest pace of growth in the inflation rate since July 2024, when the inflation rate reached 2.3%.
Energy prices were the main driver of the rise in the inflation rate, as oil costs rose by 31.4% on an annual basis, and the service inflation rate rose from 1.7% to 1.8%.
In contrast, food prices fell from 1.8% to 1.2%, while the prices of manufactured goods fell by 0.6%.
Consumer prices rose on a monthly basis by 1.0% last April, unchanged compared to March. The past.
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