Finance
French consumer inflation confirmed at +1.8% y/y in January
Published by Global Banking & Finance Review®
Posted on February 18, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 18, 2025
1 min readLast updated: January 26, 2026
France's consumer inflation rate stood at 1.8% year-on-year in January, driven by increases in services and energy prices, according to INSEE.
(Reuters) - Consumer prices in France were up 1.8% year-on-year in January, statistics office INSEE said on Tuesday, in line with analysts' expectations and the preliminary reading.
Analysts in a Reuters poll had on average expected a preliminary EU-harmonised inflation figure of 1.8% in January.
Price increases in services and energy, up 2.5% and 1.6% respectively from a year earlier, and a rebound in prices of manufactured goods were the main drivers of inflation at the start of the year, INSEE said.
On a monthly basis, prices decreased 0.2% in January, in line with the preliminary reading and expectations, after having risen 0.2% in December.
The highest month-on-month increases in prices were for tobacco at +3.8%, fresh food at +2.8% and petroleum products at +2.8% in January, INSEE said.
Prices for transport were down 8.3%, while those of clothing and shoes fell by 7.2% and manufactured products by 1.1%, the biggest fallers in the same period.
(Reporting by Nathan Vifflin in Gdansk; Editing by Milla Nissi)
Consumer prices in France were up 1.8% year-on-year in January, as reported by statistics office INSEE.
Price increases in services and energy, which rose by 2.5% and 1.6% respectively, along with a rebound in prices of manufactured goods, were the main drivers of inflation.
On a monthly basis, prices decreased by 0.2% in January, following a rise of 0.2% in December.
The highest month-on-month increases in prices were for tobacco at +3.8%, fresh food at +2.8%, and petroleum products at +2.8%.
Prices for transport fell by 8.3%, while clothing and shoes decreased by 7.2%, and manufactured products saw a decline of 1.1%.
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