France's Inflation Rate Remains Unchanged in April

According to the latest report from INSEE, France's statistical office, the annual inflation rate in France remained steady at 0.8% in April, mirroring March's figures. On a monthly basis, there was a slight increase of 0.5%.

Key Drivers Behind the Inflation Figures

The report highlights a noticeable rise in the prices of services, particularly in transport and food sectors, as the primary contributors to the inflation rate. Conversely, energy prices experienced a decline, while the costs of manufactured goods and tobacco remained stable.

Projections for the Harmonized Consumer Price Index

The Harmonized Consumer Price Index (HCPI) is anticipated to grow by 0.8% annually and 0.6% monthly, reflecting the ongoing economic trends in France.