Inflation slows in February to +2.9% year-on-year. Between January and February, prices increased by 0.8% after -0.2% in January.

Food prices, however, fell slightly over the month. Over one year, the harmonized consumer price index (HICP), which is used for European comparisons, increased by 3.1% in February, after +3.4% inJanuary. In 2023, inflation in France had slowed to 4.9%, according to INSEE.