24-02-2017 11:09According to the statistical office Insee, inflation based on the harmonized index of consumer prices rose to 1.6%. From December 2016, prices fell by 0.3%.
The figures came in line with analysts’ forecasts and matched the flash estimate.
In December 2016, the harmonized index of consumer prices rose by 0.8% annually and edged up by 0.3% month-on-month.
Consumer prices measured according to the national standards advanced by 1.3% year-on-year in January and dropped by 0.2% on a monthly basis.
Food prices in France rose by 0.4% from the previous month and jumped by 1.3% from the same period a year ago. Energy prices rose by 4.5% and 10.3%, respectively.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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