France Consumer Prices Fall for 3rd Straight Month


Consumer prices in France are set to decline 0.2 year-on-year in April of 2016, compared to a 0.1 percent drop in March. It is the third straight month of fall as cost of energy and manufactured products decreased further while prices of food and services were steady.

Year-on-year, prices declined for: energy (-6.8 percent in April from -6.9 percent in March) and manufactured products (-0.6 percent from -0.2 percent). Cost was steady for food (+0.4 percent). Among food, prices rose for fresh food (+1.4 percent from +1.6 percent) and other food products (+0.2 percent from +0.2 percent). Cost also stable for services (+0.9 percent). Prices remained unchanged for tobacco.

On a month-on-month basis, consumer prices are expected to rise 0.1 percent, easing from a 0.7 percent rise in a month earlier.

The harmonised index of consumer prices is set to fall 0.1 percent year-on-year in March 2016, the same pace as in March. On a monthly basis, consumer prices  rose 0.1 percent, compared to 0.8 percent rise in the preceding month.

France Consumer Prices Fall for 3rd Straight Month


Insee l Rida Husna | rida@tradingeconomics.com
4/29/2016 8:12:45 AM