The National Institute of Statistics had previously estimated the increase in consumer prices at 6.2 % over a year in February, which already marked an acceleration compared to January (6 %).
the world with AFP
Acceleration increases a little more than expected. Inflation reached 6.3 % over a year in France in February, pulled by the surge in the prices of food products that have become its first engine in front of energy, according to a final estimate revised slightly increased Wednesday by INSEE.
The National Institute of Statistics had previously estimated the increase in consumer prices at 6.2 % over a year in February, which already marked an acceleration compared to January (6 %).
“This increase in inflation is due to the acceleration of food prices”, which jumped 14.8 % over a year (after 13.3 % in January), he detailed in a press release. Both fresh products (15 %), especially vegetables and fruits, and non -fresh products (14.8 %) such as bread, cereals, meat, sugar, jam, chocolate or drinks, are affected by this trend.
Services prices (3 % after 2.6 %) – catering, accommodation, transport, rents, etc. – and manufactured products (4.7 % after 4.5 %) such as furnishings and toys also continued to increase. 2>
slowdown in energy prices 2>
Conversely, energy prices slowed down (14.1 % after 16.3 % in January), mainly due to a brake on petroleum products and gas. On the other hand, those of electricity were drawn by the capped increase in regulated prices.
The underlying inflation, which excludes the most volatile elements such as energy and certain food products, and thus makes it possible to identify a substantive trend of price evolution, amounted to 6,1 % over one year in February, after 5.6 % in January.
Since takeoff of consumer prices, under the effect of the disturbances of post-Cavid supply chains and then of the war in Ukraine, the inflation rate has revived with unprecedented levels since the 1980s. should gradually reflect at 5 % in June, the INSEE had predicted in early February. The harmonized consumer price index (IPCH), used for comparisons on a European scale, established 7.3 % over a year in February, against 7 % in January.