French consumer prices remain flat in December

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Black young woman doing shopping in a store
Black young woman doing shopping in a store

dpa/GNA – French consumer prices remained unchanged in December, as initially estimated, final data released by the statistical office Insee showed Friday. Consumer prices remained stable on a yearly basis in December, as initially estimated, after rising 0.2 per cent in November. Month-on-month, consumer prices gained 0.2 per cent, the same rate as seen in November and in line with the flash estimate.

The harmonized index of consumer prices remained unchanged annually, following a 0.2 per cent rise in the previous month.

On month, the prices were up 0.2 per cent, as seen in November. Both annual and monthly rates matched the preliminary estimate published on January 6.

Data showed that core inflation halved to 0.2 per cent from 0.4 per cent in November. Food prices grew 1 per cent annually, while manufactured goods prices declined 0.9 per cent. Prices of services and those of tobacco climbed 0.7 per cent and 12.5 per cent, respectively. At the same time, energy prices were down 7 per cent.

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