• France's consumer price index rose slightly in April

Market news

12 May 2021

France's consumer price index rose slightly in April

According to the report from INSEE, in April 2021, the Consumer Price Index (CPI) rose by 0.1% over one month, after +0.6% in March. The manufactured good prices (–0.1% after +1.6%) and those of energy (–0.4% after +2.2%) fell back. The prices of tobacco were stable in April as in March. The service prices grew by 0.1% as in the previous month and those of food increased (+0.6% after being stable).

Seasonally adjusted, consumer prices advanced by 0.1% as in March.

Year on year, consumer prices rose by 1.2%, after +1.1% in March. The energy prices accelerated (+8.8% after +4.7%) and those of services accelerated slightly (+1.2% after +1.1%). The tobacco prices grew at the same rate as in the previous month (+5.8%). The decrease in manufactured good prices was maintained at the same level as in March (–0.2%). The food prices fell back (–0.3% after +0.9%).

Year on year, core inflation grew, in April, up to +1.0% after +0.8% in March. The Harmonised Index of Consumer Prices (HICP) rose by 0.2% over one month after +0.7% in the previous month; year on year, it increased by 1.6%, after +1.4% in March.

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