Consumer prices in France rise by 0.9% MoM, 3% YoY in Feb 2024
18 Mar 24 2 min read
Insights
- France's consumer price index rose by 0.9 per cent month on month (MoM) in February following a 0.2 per cent MoM drop in January.
- Consumer prices went up by 3 per cent YoY in February after a 3.1-per cent YoY increase in January.
- The prices of clothing and footwear rose by 0.9 per cent YoY in February after a 0.4-per cent YoY rise in the preceding month.
The rebound is explained in particular by the strong acceleration of the prices of energy—a 4.1-per cent MoM rise in February after a 0.1-per cent MoM rise in January. Energy prices rose by 4.3 per cent YoY in February after a 1.9-per cent increase in January.
The prices of manufactured products partially bounced back, with a CPI rise of 0.5 per cent MoM in February after a 1.7-per cent fall in January.
The prices of manufactured products increased by 0.4 per cent year on year (YoY) in February following a 0.7-per cent rise in January, slowing down for the eighth month in a row. The prices fell back for furniture and furnishings.
- India's WPI inflation rises to 1.26% in April 2024
- Bangladesh PM for contractionary budget, inflation check
- Turkiye introduces new measures to tackle inflation: Finance minister
- US inflation expectations rise for short & long-term horizons
- Inflation in Bangladesh drops slightly to 9.74% in Apr; non-food 9.34%
- India’s CPI inflation rate for clothing & footwear 2.85% in Apr
The prices of clothing and footwear rose by 0.9 per cent YoY in February after a 0.4-per cent YoY rise in the preceding month.
Seasonally-adjusted consumer prices increased by 0.5 per cent MoM in February after no change in January.
Consumer prices went up by 3 per cent YoY in February after a 3.1-per cent YoY increase in January. Inflation over a year thus decreased slightly in February this year despite the sharp increase in prices over one month, notably due to base effects.
Core inflation decreased again YoY, reaching 2.7 per cent in February after 3 per cent in January.
Fibre2Fashion News Desk (DS)
Popular News
|
North India's cotton yarn market faces sluggish demand |
|
Rising imports from China: A growing concern for Indian industries |
|
ICE cotton resilient amid market uncertainties; eyes on key reports |
|
UK invites new options for transporting carbon dioxide sans pipelines |
|
Euro area seasonally-adjusted Mar unemployment rate 6.5%; 6% for EU |
|
US garment prices surge in March to highest in over a year: Cotton Inc |