Year-on-year inflation in France rose to 5.9% in April due to higher energy prices

Petrol pumps at a gas station in Nice, France, March 20, 2023. REUTERS/Eric Gaillard/File (ERIC GAILLARD/)

He Consumer price index (CPI) in France went up to 5.9% in April, due to a energy accelerationwhile the rise in food moderated, the National Institute of Statistics (INSEE) indicated this Friday.

The data, which confirms the first estimate, means an increase in inflation of two tenths compared to the previous month, since in March the CPI had grown by 5.7%.

At the base of this acceleration is energy, which became more expensive 6.8%in front of 4.9% March, with a special rise in gasoline prices, while gas moderated its rise, which was 22.9%in front of 35.6% of the previous month.

The prices of services also grew, by 3.2% in interannual terms, when the 2.9% in March.

A person shops at a supermarket in Nice, France, March 1, 2023. REUTERS/Eric Gaillard/File
A person shops at a supermarket in Nice, France, March 1, 2023. REUTERS/Eric Gaillard/File (ERIC GAILLARD/)

The rise in food prices slowed down, since they progressed a fifteen% in twelve months in April, nine tenths less than in the previous month, mainly due to the slowdown in the rise in fresh products, a 10.6% behind the 17.1%.

Manufactured goods became more expensive 4.6%two tenths less than in March.

Core inflation, which does not include the most volatile elements of energy and food, was in April 6.3%one tenth more than in the previous month.

Regarding the harmonized CPI, which makes it possible to compare at a European level, it was 6.9%two tenths more.

(With information from EFE)

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