City
Epaper

France's CPI increases by 4.8% yearly in April

By IANS | Updated: May 14, 2022 09:35 IST

Paris, May 14 France's Consumer Price Index (CPI) increased by 4.8 per cent in April on an annual ...

Open in App

Paris, May 14 France's Consumer Price Index (CPI) increased by 4.8 per cent in April on an annual basis, with a monthly increase of 0.4 per cent, the country's National Institute of Statistics and Economic Studies (INSEE) said.

The institute attributed the CPI rise to the acceleration of service, food and manufactured goods prices, reports Xinhua news agency.

The prices of transport services accelerated due to airfares and transport by road prices, according to INSEE.

The prices of meat, bread and cereals, milk, cheese, eggs, oils, fats and coffee increased during the month of April, it noted.

Clothing and footwear prices increased as well.

In April, the rise in energy prices remained very sharp on yearly basis at 26.5 per cent, but a little less than in March which stood at 29.2 per cent.

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 the INSEE.

In March, France's CPI increased by 4.5 per cent, reaching its highest since December 1985.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Institut national de la statistique et des études économiquesInseefranceparisParigi siPml-n twitter
Open in App

Related Stories

NationalAir India Increases Flights to Toronto, Frankfurt, and Paris To Clear Rush

InternationalFrench President Emmanuel Macron Invites More Chinese Investment in Europe Amid US Trade Tensions

Other Sports'Goodbye… But Not The End': Rohan Bopanna Announces Retirement After 22-Year-Old Career

LifestyleHalloween 2025: Date, History, Meaning, and Why the World Celebrates the Spookiest Night of the Year

InternationalAfter Nepal, Now France: Vehicles Torched, Train and Road Traffic Disrupted as 'Block Everything' Protest Turns Violent

Politics Realted Stories

Politics'Change certain in West Bengal': Union Minister Dharmendra Pradhan says 'BJP to form govt on May 4'

Politics"They don't have anything else to do except defaming people": Assam CM's wife says she has lodged FIR over Congress allegations

Politics"Hindi compulsory in Stalin family-run schools, but he doesn't want to give opportunity to poor": BJP's S Vijayadharani

Politics"People against the family rule, want 'double-engine govt' in Tamil Nadu": Union Minister G Kishan Reddy in Coimbatore

PoliticsDelhi govt fast-tracks 'innovation challenge' trials to combat air pollution: Manjinder Singh Sirsa