Inflation in France slowed further in April, to 2.2% over one year, according to provisional results communicated Tuesday April 30, 2024 by INSEE.
Price growth over one year was 2.3% in March, while it was 5.9% in April 2023.
The slight decline this time is explained by the slowdown in food prices (+1.2% over one year after +1.7% in March) and tobacco (+9% after +10.7%), and the slight decline in those of manufactured products (-0.1% after +0.1%), while energy prices accelerated (+3.8% after +3.4%), specifies the National Institute of Statistics.
Prices of services increased over one year at the same rate as in March, at + 3%, according to these provisional data.
Consumer prices up 0.5% over one month
Over one month, consumer prices accelerated in April (+0.5% after +0.2% in March), an acceleration due to the increase in prices of services, particularly transport and ” other services “.
Energy prices fell over the month, but at a slower rate than in March, while those of manufactured products and food were almost stable.
Over one year, the harmonized consumer price index (HICP, which allows comparisons with other EU countries) increases by 2.4% in April 2024, as in March, and by 0.6% in the month, after +0.2% in March.
