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Inflation in France rises to 4.8% due to food prices

year-on-year inflation in France It rose to 4.8% in April, three tenths higher than in March, which could not be…

By admin , in news , at May 13, 2022

year-on-year inflation in France It rose to 4.8% in April, three tenths higher than in March, which could not be offset by a slowdown in energy driven by a rise in prices of services, food and manufactured products, which continues to be the shot.

This is the highest rate since November 1985, said National Institute of Statistics (INSEE), which in a statement this Friday published the final data for April, highlighted the strong growth in core inflation.

Energy value

Between the same months of April 2021 and 2022, energy became 26.5% more expensive, which in any case is less than the 29.2% year-on-year increase seen in the previous year. march,

This was largely due to the reduced start-up of the device from April 1 prices of fuel, which will be subsidized by the government for at least four months.

opposite of this, price hike In the twelve months, there was an uptick in gas (from 41.3% in March to 54.4% in April) as well as electricity (from 6% to 6.9%).

except energyServices grew 3% year-on-year in April, after 2.3% in March; 2.9% followed by 3.8% with meals; and 2.6% of manufactured products followed by 2.1%.

inflation The core, which excludes the most volatile elements such as energy and food, rose to 3.2% in April, compared to 2.5% in March.

Inflation in France rises to 4.8% due to food prices

2022-05-13 07:29:55