The French statistical office Insee released its preliminary consumer price inflation for France on Friday. The French consumer price inflation increased 0.1% in April, after a 0.7% rise in March.

The monthly increase was mainly driven by higher prices for services and petroleum products.

On a yearly basis, the consumer price declined to -0.2% in April from -0.1% in March.

The annual drop was driven by a fall in energy prices.

Food prices rose 0.4% year-on-year in April, services prices climbed 0.9%, while energy prices dropped by 6.8%.