Consumer prices in France rises the highest rate since 1985

According to the final data of the National Statistical Office Insee, consumer prices in France in April rose by 5.4% in annual terms, that is, the highest rate since the beginning of the calculation of this indicator. The March indicator was fixed at 5.1%.

The indicator coincided with the previously announced data and experts' forecasts.

On a monthly basis, inflation in France rose by 0.5% (+1.6% in March), which also coincided with preliminary data and analysts' forecasts.

French consumer prices rose 4.8% year-on-year in April (a record pace since October 1985) and 0.4% month-on-month. In March, the rise was 4.5% and 1.4%, respectively.

Energy carriers rose in price most of all in the country - their prices rose by 26.5% y/y (March figure - 29.2%). The cost of food in April rose by 3.8% (+2.9% in March), industrial goods rose by 2.6% (+2.1%), services by 3% (+2.3%).