According to the report from Insee, in February 2020, the Consumer Prices Index (CPI) were stable over a month, after −0.4% in January. Manufactured product prices rebounded due to winter sales whose duration was shorter than in the previous year (+0.2% after −2.2%). Services prices rose by 0.2% after a stability in the previous month. Contrariwise, energy prices fell back by 2.0%, after a 0.5% rise in January. Finally, food and tobacco prices were stable over a month.

Seasonally adjusted, consumer prices fell back by 0.1% in February, after +0.3% in January.

Year on year, consumer prices increased by 1.4%, after +1.5% in January. The slowdown in the prices of energy and food was partly offset by the rebound in manufactured product prices and the acceleration in those of services and tobacco.

Year on year, core inflation rose in February: +1.3% after +1.0% in the previous month. The Harmonised Index of Consumer Prices (HICP) were stable over a month, after −0.5% in January; year on year, it slightly slowed down, to +1.6%, after +1.7% in the previous month.