Energy costs push French inflation higher ...News

Consumer prices in the Eurozone’s second-largest economy jumped 7% in January from a year ago, official data shows Inflation in France accelerated in January as the government phased out some measures to contain soaring energy and food prices, figures reported on Tuesday by Insee, the country’s statistics agency, show. According to preliminary estimates, the standardized EU measure of price growth rose 7% from a year ago after a 6.7% increase in December. The report indicated that inflation, which was in line with expectations, jumped after the government wound back a subsidy for car fuel at the end of the year. A

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