The French had been warned: the month of March would be "
red
" for consumers' wallets, with further price increases expected, especially in food.
The National Institute of Statistics and Economic Studies (Insee) has revised the inflation rate slightly upwards over one year, which reached 5.6% in March, after peaking at 6.3% in February.
Over one month, consumer prices increased by 0.8% in March 2023, after +1.0% in February.
The indicator that refers to the European level, the harmonized index of consumer prices (HICP), shows an increase of 6.6% per year in March 2023, after jumping 7.3% in February.
