On March 19, 2020, women wearing protective face masks and buying fruits and vegetables at the Bastille market in Paris were blocked to reduce the incidence of coronavirus disease (COVID-19) in France. .. (Gonzalo Fentes / Reuters)
Paris — France’s inflation rate in January was lower than expected as winter sales settled from a 13-year high for industrial products.
According to the INSEE Bureau of Statistics, consumer prices rose 0.1% in January and inflation in December fell from 3.4% in December to 3.3%. Economists polled by Reuters predicted an average rate of 3.0%.
Prices of manufactured goods have fallen, but prices of almost all others have risen, and energy prices have risen 19.7% in a year following the rise in the global oil market.
INSEE reached its highest level since September 2008, with the consumer price index rising slightly from 2.8% in December to 2.9%, without using the EU’s agreed methodology in calculating inflation. I said that I did.
While the country index is more closely tracked in France, the EU Harmony Index is used outside France to compare inflation rates in countries using the euro.