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- French CPI accelerated to +0.6% over a month after a weak rebound in Feb
French CPI accelerated to +0.6% over a month after a weak rebound in Feb
In March 2017, the Consumer Prices Index (CPI) accelerated to +0.6% over a month after a weak rebound by 0.1% in February. Seasonally adjusted, it was stable, after having decreased by 0.2% in February. Year on year, consumer prices slowed down slightly (+1.2% after +1.3%).
Over a month, the acceleration resulted from a rebound in the prices of manufactured products after the end of winter sales and from a further rise in tobacco prices. Contrariwise, food prices slipped back due to fresh products. Energy prices fell too, because of a downturn in petroleum product prices. Besides, services prices were at a standstill.
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