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In France, inflation slows to 2.9% in February, according to INSEE

2024-02-29T08:04:29.186Z

Highlights: In France, inflation slows to 2.9% in February, according to INSEE. A mixed slowdown, as transport, energy and rent prices increased compared to January. Only those of food have decreased over the month, INSEE says. In February, prices increased by 0.8% after -0.2% in January, a rebound due to the increase in the prices of services, notably rent and transport, as well as those of energy. Also read: Low productivity could slow down the fall in inflation in the euro zone.


A mixed slowdown, as transport, energy and rent prices increased compared to January. Only those of food have decreased.


Inflation slowed in France to +2.9% year-on-year in February, after +3.1% in January, according to provisional data communicated by INSEE on Thursday, but it increased significantly over the month.

Also read: Low productivity could slow down the fall in inflation in the euro zone, says the ECB

Between January and February, prices increased by 0.8% after -0.2% in January, a rebound due to the increase in the prices of services, notably rent and transport, as well as those of energy. , according to the Institute of Statistics.

Food prices, however, fell slightly over the month.

Source: lefigaro

All news articles on 2024-02-29

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