France Consumer Prices Rise Less Than Estimated

France’s consumer prices rose less than initially estimated in April, final data from the statistical office Insee showed Friday.

Food prices grew 3.7 percent, while the energy prices declined a revised 8.6 percent. Services prices rose a revised 0.6 percent.

The core inflation was 0.3 percent in April versus 0.7 percent in the prior month.

On a monthly basis, consumer prices remained unchanged in April, after a 0.1 percent rise in the prior month. According to the initial estimate, consumer prices rose 0.1 percent.

On a seasonally adjusted basis, consumer prices fell 0.1 percent in April, following a 0.6 percent decline in the preceding month.

the harmonized index of consumer prices rose 0.4 percent in April, following a 0.8 percent increase in March. In the initial estimate, HICP rose 0.5 percent. HICP inflation slowed for a third month in a row.

On a month-on-month basis, the HICP remained unchanged in April, after a 0.1 percent rise in the prior month. According to the initial estimate, HICP rose 0.1 percent.

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