France's Inflation Rate Remains Unchanged in April

According to the latest report from INSEE, France's statistical office, the annual inflation rate in April remained steady at 0.8%, 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 rise in the prices of services, particularly in transport and food sectors, as the primary contributors to the inflation rate. Conversely, energy prices saw a decline, while prices for manufactured goods and tobacco remained stable.

Projections for the Harmonized Consumer Price Index

The Harmonized Consumer Price Index (HCPI) is expected to increase by 0.8% annually and 0.6% monthly, aligning with the current economic trends observed in France.