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- France: consumer prices increased by 1.2% year on year in April 2019
France: consumer prices increased by 1.2% year on year in April 2019
According to the report from Insee, over a year, the Consumer Price Index (CPI) should hardly accelerate in April 2019 (+1.2% after +1.1% in March), according to the provisional estimate made at the end of the month. This slight rise in inflation over a year should result from a moderate acceleration in the prices of services as well as a smaller decline in the prices of manufactured goods. Contrariwise, energy prices should slow down. Food prices should rise generally as the same pace as in the previous month.
Over one month, consumer prices should be slower (+0,2% after +0,8% in march). This sharp slowdown is due to the seasonal slowdown of manufactured goods and the less dynamic energy prices this month. Prices for food and services, on the other hand, should rise slightly in April.
Year on year, the Harmonised Index of Consumer Prices should hardly accelerate (+1.4% after +1.3% in March). Over one month, it should slow down sharply by +0.3%, after +0.9% in the previous month.
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