Stable Inflation Rates in France

According to the latest report from INSEE, France's statistical office, the annual inflation rate remained unchanged at 0.8% in April, mirroring March's figures. A slight increase of 0.5% was observed on a month-on-month basis.

Key Factors Influencing Inflation

The report highlights a notable increase in the prices of services, particularly in transport and food sectors, as the primary drivers behind the inflation rate. Conversely, energy prices saw a decline, while the costs of manufactured goods and tobacco remained stable.

Harmonized Consumer Price Index Insights

The Harmonized Consumer Price Index (HCPI) is projected to experience a 0.8% growth annually and a 0.6% increase monthly, underscoring the steady economic indicators in France.