(MENAFN- Trend News Agency)
France's Consumer Price Index (CPI) increased by 4.8 percent in
April on an annual basis, with a monthly increase of 0.4 percent,
the French National Institute of Statistics and Economic Studies
(INSEE) said on Friday, Trend reports citing Xinhua .
The institute attributed the CPI rise to the acceleration of
service, food and manufactured goods prices.
The prices of transport services accelerated due to airfares and
transport by road prices, said the institute.
The prices of meat, bread and cereals, milk, cheese, eggs, oils,
fats and coffee increased during the month of April, the INSEE
noted. Clothing and footwear prices increased as well.
In April, the rise in energy prices remained very sharp on
yearly basis at 26.5 percent, but a little less than in March which
stood at 29.2 percent. The prices of petroleum products slowed down
due to the discount on fuel put in place at the beginning of April
by the government for a period of four months. But the prices of
electricity accelerated due to the influence of market prices, said
In March, France's CPI increased by 4.5 percent, reaching its
highest since December 1985.
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